Every person desiring to engage in any business, or exercise any privilege hereafter specified shall first, before commencing same, apply for, pay for, and procure from the state tax commissioner or commissioner of insurance, a privilege license authorizing him to engage in the business or exercise the privilege specified therein, and the amount of tax shown in the following sections is hereby imposed for the privilege of engaging or continuing in the business set out therein.
Miss. Code Ann. § 27-15-11
Privilege taxes imposed
Applied in 1 court decision — leading case Mississippi Windstorm Underwriting Ass'n v. Union National Fire Insurance (2012)
Most recently applied in Mississippi Windstorm Underwriting Ass'n v. Union National Fire Insurance (January 2012)
Codes, 1942, § 9429; Laws, 1940, ch. 120; Laws, 1944, ch. 138, § 3, eff from and after June 1, 1944.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.