Tax Break Tracker Individual Entry
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:
Mississippi
Reporting Jurisdiction:
Mississippi
Jurisdiction type
:
State

Fiscal year ending In:
2017
Program name:
Aggregate tax credits, rebates & exemptions
Program purpose
:
Economic development

Statutory authority
:
(data not yet retrieved)

Abating jurisdiction(s)
:
State of Mississippi

Applicable taxes:
Income/Withholding/Franchise Tax
Method of abatement
:
(data not yet retrieved)

Provisions for recapture
:
Some

Gross revenue loss
:
$31,600,000

Reimbursement / offset
:
$0

Net revenue loss
:
$31,600,000

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 five programs into this single heading, citing taxpayer confidentiality concerns.