2018
Regular Session
Income tax; revise provisions regarding net income of nonresidents, certain definitions and certain business deductions.
AN ACT TO AMEND SECTION 27-7-5, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT NET INCOME OF NONRESIDENTS DERIVED FROM PROPERTY, ACTIVITY AND OTHER SOURCES WITHIN MISSISSIPPI IS SUBJECT TO THE STATE INCOME TAX; TO AMEND SECTION 27-7-23, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "DOING BUSINESS" FOR PURPOSES OF THE STATE INCOME TAX LAW; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERM "VALID BUSINESS PURPOSE" UNDER THE STATE INCOME TAX LAW FOR PURPOSES OF RESTRICTIONS ON THE DEDUCTION OF CERTAIN INTANGIBLE EXPENSES AND INTEREST INCURRED IN CONNECTION WITH TRANSACTIONS WITH RELATED MEMBERS AND TO REVISE CERTAIN PROVISIONS REGARDING THE DEDUCTION; AND FOR RELATED PURPOSES.
02/21/18 at 15:14
H
B
847
House Bill 847
HB 847
H
Dead
Revenue
Yes
Three/Fifths
January 1, 2018
Ways and Means
T
../../House_cmtes/WM.xml
Calhoun
../../House_authors/Calhoun.xml
A
../../code_sections/027/00070005.xml
A
../../code_sections/027/00070023.xml
A
../../code_sections/027/00070017.xml
1
01/11 (H) Referred To Ways and Means
2
02/21 (H) Died In Committee
../../../../documents/2018/pdf/HB/0800-0899/HB0847IN.pdf
../../../../documents/2018/dt/HB/0800-0899/HB0847IN.pdf
../../../../documents/2018/html/HB/0800-0899/HB0847IN.htm
../../../../documents/2018/pdf/HB/0800-0899/HB0847IN.pdf
../../../../documents/2018/dt/HB/0800-0899/HB0847IN.pdf
../../../../documents/2018/html/HB/0800-0899/HB0847IN.htm
N
../../../../documents/2018/pdf/fiscalnotes/HB0847.pdf