• The End of Indefinite Audits: New Mississippi Law Places Statute of Limitations on Tax Determinations
  • April 2, 2013 | Authors: Robert E. Box; Justin B. Stone
  • Law Firms: Jones Walker LLP - Jackson Office ; Jones Walker LLP - New Orleans Office
  • Mississippi House Bill 892 ("H.B. 892") was signed into law by Gov. Phil Bryant on March 27, 2013, amending Mississippi Code sections 27-7-49, 27-13-49, and 27-65-49. Specifically, H.B. 892 places a limitation on the period that the Mississippi Department of Revenue (the "MDOR") can audit and determine a taxpayer's income, franchise, and/or sales tax liability.