While Mississippi's tax policies and incentives have made us popular destination for Fortune 500 companies (60 of them and counting call the state home), we are equally committed to helping entrepreneurs get their ideas off the ground.  Mom and Pops, dreamers ready to become doers—we're ready to help.  Read more here.

Corporate Franchise Tax

Mississippi’s franchise tax applies to most corporations doing business in the State. The rate is $2.50 per $1,000 of the value of capital used, invested, or employed in the State. The tax base consists of capital stock issued and outstanding, surplus and undivided profits, and true reserves. However, the tax base cannot be less than the corporation’s assessed value of real and tangible personal property in Mississippi.