Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Mississippi |
Effected Jurisdiction: | Mississippi |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2017 |
Program name: | Sales and Use Tax Exemptions |
Program purpose: | General Economic Development |
Statutory authority: | (not specified) |
Abating jurisdiction(s): | State of Mississippi |
Applicable taxes: | Sales and Use Tax |
Method of abatement: | (not specified) |
Provisions for recapture: | (no provisions for recapture) |
Gross revenue loss: | $8,400,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $8,400,000 |
Type of loss: | Active |
Additional notes on dislosure: | Mississippi failed to report one dollar figure for each program as required by GASB 77; instead it lumped two programs into this single heading, citing taxpayer confidentiality concerns. |