House Bill 1691 of the 2022 Legislative Session was signed into law on April 14, 2022. This bill established an act to allow any partnership, S corporation or similar pass-through entity to elect to be taxed as an “electing passthrough entity” for state income tax purposes and to pay income tax at the entity level. Each owner, member, partner or shareholder of an electing pass-through entity shall report their pro rata or distributive share of the income from the electing pass-through entity and shall be allowed a credit against income taxes in an amount equal to his or her pro rata or distributive share of income tax paid by the electing pass-through entity for the corresponding taxable year. This bill is effective from and after January 1, 2022.
Welcome to The Mississippi Department of Revenue
The Department of Revenue is the primary agency for collecting tax revenues that support state and local governments in Mississippi. This website provides information about the various taxes administered, access to online filing, and forms.
The Department of Revenue is responsible for titling and registration of motor vehicles, monitoring ad valorem assessments throughout the state to ensure consistent appraisal and valuation of properties among the municipalities and counties of the state, enforcement of Mississippi's Prohibition and Local Option Law and operating as the wholesale distributor of alcoholic beverages.
DOR is now accepting Medical Cannabis Dispensary Applications. Please visit www.dor.ms.gov/cannabis to apply.
Reminder: DOR will begin accepting Medical Cannabis Dispensary Applications on Tues, July 5, 2022, at 8 a.m. CDT. Potential applicants should visit www.dor.ms.gov/cannabis for more info. A Sales Tax Permit is required before submitting a Medical Cannabis Dispensary App.
The Mississippi Department of Revenue has released a video on our YouTube channel demonstrating how to submit a Medical Cannabis Dispensary Application on the Mississippi Medical Cannabis Program website.
The video can be viewed at https://www.dor.ms.gov/cannabis-videos. This video is for demonstrative purposes only.