Daily Tax Report: State
March 26, 2021, 5:00 a.m.
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The Mississippi governor signed law on March 25th requiring the Treasury Department (DOR) to withhold excise duties, sales and use state-levied tax revenues otherwise collected by a community for non-compliance with billing requirements. The law provides for measures that provide that the DOR: 1) Withholds any sales tax due for distribution to a municipality and any excise tax on gasoline, diesel fuel, kerosene and oil that a county is entitled to, if the auditor has a Receives notification that the municipality or political subdivision does not comply with draft law requirements; and 2) should continue …
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