Mississippi tax rate changes, November 2016
- Sales Tax Rate Changes
- Oct 12, 2016 | Gail Cole
A new special tax takes effect in Meridian, Mississippi on November 1, 2016. The 2% tax is in addition to all other taxes and applies to the gross proceeds of restaurants from the sale of prepared food and beverages.
The special tax is the result of the enactment of House Bill 1770, which authorizes Meridian to levy special taxes on certain businesses located within the corporate limits of the city. “Restaurant” is defined as “all places within the corporate limits of the city where prepared food and beverages are sold for consumption, whether such food is consumed on the premises or not.” It does not include convalescent or nursing homes, hospitals, medical clinics or schools that provide food for patients, students, visitors or their families.
Revenue generated by the tax will help fund the construction, equipping and furnishing of the Southern Arts and Entertainment Center, which includes an artists’ village, amphitheater, performing arts center and conference center. Additional information.