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If you are based outside Mississippi, but have sales tax nexus and are required to charge sales tax in Mississippi, you are a ?remote seller? and only required to charge ?use tax.? Use tax is very similar to sales tax except that it's charged by remote sellers. Mississippi's use tax rate is 7%.
The permit does not expire and does not require renewal as long as the holder continues in the same business at the same location. Taxpayers are requested to file returns? electronically.
Some goods are exempt from sales tax under Mississippi law. Examples include most non-prepared food items purchased with food stamps, prescription drugs, and some medical supplies.
Some customers are exempt from paying sales tax under Mississippi law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.
Others, like Colorado and North Carolina, just use multistate certificates. Mississippi doesn't even require a certificate, so long as the reseller has a valid sales tax permit. If you're buying or selling goods for resale in multiple states, there's a lot to keep track of.
Sales tax is also due on charges for transportation on shipments moving between points within Mississippi when paid directly by the consumer but not paid to the seller of the property. The consumer who pays the transportation charges is required to pay this tax directly to the Department of Revenue.
Items of tangible personal property purchased in another state for use, storage or consumption in Mississippi are subject to Mississippi use tax. Credit is allowed for sales tax paid to another state if you took possession of the property in the other state prior to bringing that item into Mississippi.
RESALE CERTIFICATE Mississippi does not provide for the use of formal resale certificates. Instead, Mississippi requires resellers who are registered to collect Mississippi sales tax to give vendors their Mississippi resale sales tax number located on the sales tax permit.