Corporate Income Tax
Corporate Franchise Tax
Sales and Use Tax
Property Tax
State Unemployment Tax
Worker's Compensation
Personal Income Tax

STATE UNEMPLOYMENT TAX

Mississippi levies an unemployment compensation tax on the first $7,000 of an employee's annual wages. The maximum rate is 5.4%. The minimum varies from year to year depending upon the general experience rate of the State. The minimum tax rate is 0.1%. New employers in the State are assigned a tax rate of 2.7% until such time as they establish an individual experience rate.