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Mississippi Sales Tax Reduction on Geophysical Surveying Equipment and Materials

  • Mississippi has reduced the sales and use tax rate on equipment and materials used in geophysical surveying
  • The reduced tax rate applies to activities such as exploring, developing, drilling, and producing oil and gas
  • This change is effective as of May 13, 2024

Source: vitallaw.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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