Update to tax for digital computing services in Mississippi
MISSISSIPPI – Changes could be coming to the digital computing services subject to sales and use tax in the Magnolia State.
SB 2831 created a committee that’s designed to review various cloud computing services to determine if and how they should be taxed. The committee must present its findings to state legislature by Oct. 1, 2022.
Along with this committee, the state supreme court’s also reviewing a case that’ll set precedent on whether the purchase of digital photographs is subject to sales tax.
A trial court initially ruled that digital photos shouldn’t be subject to sales tax since they weren’t specifically listed as taxable “digital products” under state law. But the Dept. of Revenue is moving to specifically include them in the law.
We’ll keep you posted.
- Share on
Free Training & Resources
Webinars
Provided by Yooz
Further Reading
Who says Democrats and Republicans can’t agree? A few weeks back, Donald Trump advocated for eliminating taxes on tips of workers in ...
President Biden is calling for wealthy Americans and corporations to pay more in taxes. The president outlined a number of changes he belie...
Another April 15 came and went, leaving many of us poorer and grumbling about government spending. For business owners and the CFOs and con...
No matter where entrepreneurs decide to start a business, they face a variety of taxes and regulations that cut into the bottom line from t...
The last few months of weather’s taken a toll on homes and businesses in many parts of the country. To lighten the load a bit, the IR...
The IRS is about to put all of the the funding, personnel and technology advantages it now enjoys to use. Count on an upswing in audits of ...
