Effective Date: September 1, 2018
Threshold: Sales exceed $250,000
Measurement Date: Prior twelve month period
Includable Transactions: Gross sales
When You Need to Register Once You Exceed the Threshold: Next transaction
Effective December 1, 2017, Mississippi has adopted a rule stating that sellers who lack physical presence nexus in Mississippi but who are purposefully or systematically exploiting the Mississippi market have a substantial economic presence for use tax purposes if their sales into the state exceed $250,000 for the prior twelve months. These sellers are required to register with the Department of Revenue in order to collect and remit use tax. The tax must be stated separately from the sales price on invoices and accounted for separately on the seller’s records.
Any seller who has collected and not remitted Mississippi tax on sales made before December 1, 2017 would still be liable for any tax collected. (Rule 35.IV.3.09, Mississippi Department of Revenue
UPDATE: The state has released a bulletin that they are evaluating the effective date – we will update as they release information.
UPDATE: After reviewing the decision, Mississippi announced an effective date of September 1, 2018. Remote sellers with annual Mississippi sales in excess of $250,000 should register for a Mississippi Use Tax Account by August 31, 2018 and begin collecting tax no later than September 1, 2018. Click here to read the full notice.