0 Comments for this article

JACKSON, Miss. (AP) – Lawmakers are moving ahead with changes to tax collections that the state Department of Revenue warns could ultimately cost Mississippi more than $100 million a year.

Supporters, though, say the department’s tax collection powers put taxpayers at an unfair disadvantage, especially after a recent state Supreme Court decision. They also dispute whether the bill will decrease revenue by as much as the collection agency says that it will.

The House and Senate passed House Bill 799 Tuesday by large margins, sending it to Gov. Phil Bryant for his consideration.

While some parts of the bill have been compromised on, the key part of the bill could still make it harder for the state to rule that multistate corporations are paying too little in taxes to Mississippi.

Comment on this Story

Related News

SHERMAN WRECK
1 min ago
0 Comments for this article
Sherman Police Officer Rescues Man Trapped In Vehicle
Read More»
41878761 - entertainment news showing newsletter media and word
18 mins ago
0 Comments for this article
Justin Bieber returns to Instagram
Read More»
41878761 - entertainment news showing newsletter media and word
30 mins ago
0 Comments for this article
John Oliver pitches his own superhero movie
Read More»