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: 
2018
Program name: 
Fee in Lieu of Franchise Tax
Program purpose
Job creation/retention; capital investment
Statutory authority
Section 57-75-5 (f) of Mississippi Code Ann. (1972)
Abating jurisdiction(s)
State of Mississippi
Applicable taxes: 
Franchise tax
Method of abatement
PILOT
Provisions for recapture
(no provisions for recapture)
Gross revenue loss
$9,450,000
Reimbursement / offset
$0
Net revenue loss
$9,450,000
Type of loss
Active
Additional notes on dislosure: 
(none)