Sales Tax Rates
Sales Tax is based on gross proceeds of sales or gross income, depending upon the type of business, as follows:
Exemptions
Retail Sales
(Miss. Code Ann. Sections 27-65-17, 27-65-20 & 27-65-25)
The following are subject to sales tax equal to 7% of the gross proceeds of the retail sales of the business, unless otherwise provided:
- Sale of tangible personal property.......7%
- Farm tractors through June 30, 2009 …….1%
- Farm tractors and logging equipment on and after July 1, 2009...…1.5%
- Farm implements through June 30, 2009……3%
- Farm implements on and after July 1, 2009……1.5%
- Sales to electric power associations..…1%
- Certain machinery, machine parts and equipment located on and used in the operation of certain publicly-owned port facilities...1.5%
- Manufacturing machinery …..1.5%
- Automobiles and light trucks (10,000 lbs. or less)…..5%
- Trucks (greater than 10,000.00 lbs.), aircraft, semitrailers, mobile homes and modular homes……3%
- Materials to railroads for use in track and track structure…….3%
- Other tangible personal property including alcoholic beverages and beer…….7%
Wholesale Sales
- Alcoholic Beverages and beer…..7%
- Food and drinks for full service vending machines……8%
Construction Contracting
(Miss Code Ann Section 27-65-21)
- When the total contract price or gross amount received exceeds $10,000.00 (except residential construction)…3.5 %
- Manufacturing machinery included in contract…….1.5 %
Floating Structures
(Miss Code Ann 27-65-18)
Floating structures include casinos, floating restaurants, floating hotels, and similar property.
Sales of tangible personal property which becomes a component of the structure and performance of construction activities…..3.5 %
Public Utilities
(Miss Code Ann. 27-65-19)
The following are subject to sales tax on the gross income of the business as provided:
- Electricity and fuels-Residential use……0%
- Electricity and fuels-Industrial use……1.5%
- Electricity and fuels-Commercial use…….7%
- Telephone and telegraph……… 7%
- Water-Commercial or industrial use…..…7%
- Water-Residential consumption....…..0%
- Transportation charges on shipments of tangible personal property between points within this state when paid directly by the consumer; same rate as property being shipped.
Amusements
(Miss Code Ann 27-65-22)
The following are subject to sales tax equal to 7% of the gross income received as admission, unless otherwise provided:
- Admissions to amusements conducted in a public or private building, hotel, tent pavilion, lot or resort, enclosed or in the open……..7%
- Admissions to amusements conducted in publicly owned enclosed coliseums and auditoriums (except admissions to athletic contests between colleges and universities and livestock facilities)……3%
Miscellaneous Specified Business
(Miss Code Ann Sections 27-65-23 and 27-65-231)
The following are subject to sales tax equal to 7% of the gross income of the business, unless otherwise provided:
- Air conditioning installation or repairs
- Automobile, motorcycle, boat or any other vehicle repairing or servicing;
- Billiards, pool or domino parlors;
- Bowling or tenpin alleys;
- Burglar and fire alarm systems or services;
- Car washing-automatic, self-service or manual;
- Computer software sales and services;
- Cotton compresses or cotton warehouse;
- Custom creosoting or treating, custom planing, custom sawing; custom meat processing;
- Electricians, electrical work, wiring, all repairs or installation of electrical equipment;
- Elevator or escalator installing, repairing or servicing;
- Film developing or photo finishing;
- Foundries, machine or general repairing
- Furniture repairing or upholstering;
- Grading, excavating, ditching, dredging or landscaping;
- Hotels, motels, tourist courts or camps, trailer parks;
- Insulating services or repairs;
- Jewelry or watch repairing;
- Laundering, cleaning, pressing or dyeing;
- Marina services;
- Mattress renovating;
- Office and business machine repairing;
- Parking garages and lots;
- Plumbing or pipe fitting;
- Public storage warehouses;
- Radio or television installing, repairing or servicing;
- Refrigerating equipment repairs;
- Services performed in connection with geophysical surveying, exploring, developing, drilling, producing, distributing, or testing of oil, gas, water and other mineral resources;
- Shoe repairing;
- Storage lockers;
- Telephone answering or paging services;
- Termite or pest control services;
- Tin and sheet metal shops;
- T.V. cable systems, subscription TV and other similar
activities;
- Vulcanizing, repairing or recapping of tires or tubes;
- Welding; and Woodworking or woodturning shops
Rental
Renting or leasing personal property used within this state; same rate that is applicable to the sale of like property.
Renting, for not more than thirty
(30) days, motor vehicles with a gross weight of 10,000
Ibs. or less…6%
This tax is in addition to the 5% sales tax levied by
Section 27-65-23.
