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Business community: ax inventory tax: Mississippi is one of a handful of states that still assesses a full inventory tax.

Publication: Mississippi Business Journal
Publication Date: 26-JAN-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
A priority legislative issue shared by many business associations and trade groups is the modification--if not outright elimination--of the state's inventory tax.

The inventory tax is paid by businesses at the end of every calendar year, with the money going to local governments.

Lt. Gov. Phil Bryant, before the session started, included in his agenda turning the inventory tax into a tax credit.

Mississippi is one of a handful of states, and just about the only one in the Southeast, that still assesses a...

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