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
Further Reading
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 ...
Who says Democrats and Republicans can’t agree? A few weeks back, Donald Trump advocated for eliminating taxes on tips of workers in ...
After the flood of new e-commerce sales tax rules in the five years since the South Dakota v. Wayfair Supreme Court decision, this may be t...
Wealthy investors are about to lose a tax loophole that IRS allowed for years. The tax cops say its new policy and enforcement will net bil...
The IRS is extending an olive branch to businesses that received tax credits related to COVID-19 in error. The tax cops are launching a ...
The metropolitan areas where employers and employees want to settle are in flux this decade. COVID-19 accelerated the flexible on-site ...
