Stores.

Miss. Code Ann. § 27-17-365
in effect
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From October 1, 1984, through September 30, 1985, there shall be levied a tax upon each person operating a wholesale or retail store for the sale of goods, wares and merchandise, in an amount equal to the local privilege tax levied upon such person for the preceding year; however, any person acquiring a license under this section for the first time, prior to October 1, 1985, shall pay the tax at such time in accordance with subsection (2) of this section. Any person who, between October 1, 1984, and April 3, 1985, paid a tax levied under this section in excess of the tax prescribed in this subsection shall be entitled to a refund of all such excess taxes paid. Refunds shall be made by the tax collector at the request of the taxpayer upon a showing of proof of overpayment of taxes. Beginning October 1, 1985, and thereafter, there shall be levied a tax upon each person operating a wholesale or retail store for the sale of goods, wares and merchandise, as follows: Where the value of stock never exceeds $7,000.00. . . . .$20.00 Where the value of stock sometimes exceeds $7,000.00, but never exceeds $10,000.00. . . . .$25.00 Where the value of stock sometimes exceeds $10,000.00, but never exceeds $12,000.00. . . . .$32.50 Where the value of stock sometimes exceeds $12,000.00, but never exceeds $15,000.00. . . . .$40.00 Where the value of stock sometimes exceeds $15,000.00, but never exceeds $20,000.00. . . . .$50.00 Where the value of stock sometimes exceeds $20,000.00, but never exceeds $25,000.00. . . . .$62.50 Where the value of stock sometimes exceeds $25,000.00, but never exceeds $30,000.00. . . . .$75.00 Where the value of stock sometimes exceeds $30,000.00, but never exceeds $40,000.00. . . . .$92.50 Where the value of stock sometimes exceeds $40,000.00, but never exceeds $50,000.00. . . . .$150.00 Where the value of stock sometimes exceeds $50,000.00, but never exceeds $60,000.00. . . . .$200.00 Where the value of stock sometimes exceeds $60,000.00, but never exceeds $70,000.00. . . . .$250.00 Where the value of stock sometimes exceeds $70,000.00, but never exceeds $80,000.00. . . . .$300.00 Where the value of stock sometimes exceeds $80,000.00, but never exceeds $90,000.00. . . . .$340.00 Where the value of stock sometimes exceeds $90,000.00, but never exceeds $100,000.00. . . . .$380.00 Where the value of stock sometimes exceeds $100,000.00, but never exceeds $125,000.00. . . . .$440.00 Where the value of stock sometimes exceeds $125,000.00, but never exceeds $150,000.00. . . . .$560.00 Where the value of stock sometimes exceeds $150,000.00, but never exceeds $175,000.00. . . . .$680.00 Where the value of stock sometimes exceeds $175,000.00, but never exceeds $200,000.00. . . . .$800.00 Where the value of stock sometimes exceeds $200,000.00, but never exceeds $225,000.00. . . . .$920.00 Where the value of stock sometimes exceeds $225,000.00, but never exceeds $250,000.00. . . . .$1,040.00 Where the value of stock sometimes exceeds $250,000.00, but never exceeds $300,000.00. . . . .$1,200.00 Where the value of stock sometimes exceeds $300,000.00, but never exceeds $350,000.00. . . . .$1,360.00 Where the value of stock sometimes exceeds $350,000.00, but never exceeds $400,000.00. . . . .$1,520.00 Where the value of stock sometimes exceeds $400,000.00, but never exceeds $450,000.00. . . . .$1,680.00 Where the value of stock sometimes exceeds $450,000.00. . . . .$1,840.00 In computing this tax the value of the stock shall be taken at its assessed value as determined for ad valorem taxation, and shall include goods held on consignment. A store shall be a place of business operated by a person dealing in goods, wares and merchandise and located in a permanent building, and if such person does not own the building he shall have a lease, or contract, under the terms of which he is given the right of occupancy for a period of not less than ninety (90) days. This section shall apply to cooperative associations selling merchandise for a profit. The issuance of a license herein provided shall be restricted to a person who maintains a store as defined in this section, open at reasonable hours, for sale to the public of such goods, wares or merchandise as may be handled. The application for the license required by this chapter shall state that the conditions imposed by this section will be complied with. A license issued under the provisions of this section shall be revoked by the officer issuing it, if an investigation by him or at his instance, or on the complaint of any citizen of this state, that the conditions imposed by this section have not been, or, are not being complied with.
Miss. Code Ann. § 27-17-365 — Stores | Mississippi Code Annotated | Corpus