by adp | Dec 7, 2023 | Rotator - Events
The Area Development Partnership’s Annual Meeting is the most anticipated member event of the year. Attendees enjoy lunch, awards presentations, ADP Board nominations, and a fantastic keynote speaker. Previously featured speakers include best-selling author and...
by adp | Dec 6, 2023 | Rotator - Taxes
Inventory tax is a local property tax charge on finished goods inventory at the same millage rates as other local rates. Inventory includes raw materials, goods in progress, and the inventory of finished goods for sale. Inventory is considered Class 3 property and is...
by adp | Dec 6, 2023 | Rotator - Taxes
Each jurisdiction within Greater Hattiesburg has a different millage rate, which are determined annually by local units of government. One mill is equal to $1 per $1,000 of assessed value. In Mississippi, commercial property is assessed at 15% of true value, while...
by adp | Dec 6, 2023 | Rotator - Taxes
State of Mississippi has a sales tax rate of 7%. In addition to the 7% sales tax rate, the City of Hattiesburg has levied the following sales tax on restaurants and hotels and motels: Restaurants: – 1% Park & Recreation – 2% Convention Commission...
by adp | Dec 6, 2023 | Rotator - Taxes
A franchise tax is imposed on corporations for the privilege of doing business in the State of Mississippi. Franchise tax is due annually as long as the corporation remains incorporated, domesticated, or continues to do business in Mississippi. Most corporations...
