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Mississippi Comprehensively Overhauls Its Sales Taxation of Oil and Gas Activities Effective July 1

By John Fletcher on August 5, 2024
Posted in Legislation

Effective July 1, 2024, the 3.5% Mississippi contractor’s tax no longer applies to drilling, redrilling, completing, or working over an

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Jones Walker’s State and Local Tax (“SALT”) Team provides a full range of state and multi-state tax compliance, planning and litigation services that help publicly traded companies, as well as privately held entities, minimize their state and local tax liabilities. Jones Walker’s SALT practice is manned by an experienced and a deep bench of attorneys that represent clients in matters throughout the country that involve practically every type of state or local tax. The SALT Team regularly assists clients with planning, audit defense, litigation and legislation. In fact, Jones Walker’s SALT Team attorneys have significant experience, and success, before administrative tribunals and courts, including the Louisiana Supreme Court. Jones Walker’s SALT Team also assists clients in government relation activities related to state and local taxes, as well as pursuing tax incentives that are available to businesses.

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