How to Register for a Sales Tax Permit in Mississippi
This guide is for informational purposes only. SuretyBonds.com does not regulate or manage sales tax permits. Contact the Mississippi Department of Revenue for the latest official requirements.
How to Get a Sales Tax Permit in Mississippi
A Mississippi sales tax permit ensures that businesses comply with state tax regulations, including the collection of sales taxes. This permit is required for businesses that sell tangible personal property in Mississippi or have a sales tax nexus in the state.
After obtaining a sales tax permit, businesses are legally authorized to collect sales tax from customers and remit it to the Mississippi Department of Revenue, ensuring compliance with Mississippi Code Annotated § 27-65-27.
In this guide, we'll outline the step-by-step process to get a sales tax permit in Mississippi as well as the surety bond process.
How to Register for a Sales Tax Permit in Mississippi
Follow these five steps to get your Mississippi sales tax permit.
Step 1: Register your business online
Visit Mississippi’s Taxpayer Access Point (TAP) website to start your online registration.
Step 2: Prepare business information
Gather the following information:
- Business name and mailing address
- For sole proprietors: Provide your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)
- For corporations, partnerships, or LLCs: Provide your Secretary of State Business ID (if applicable) and Federal Employer Identification Number (FEIN)
Step 3: Complete the application
Fill out the sales tax permit application form on the TAP website, ensuring all details are accurate. Incomplete or incorrect information may delay approval.
Step 4: Submit your application
Once completed, submit your application online. There is no fee to apply for a Mississippi sales tax permit, though additional business registration fees may apply depending on your structure.
It typically takes about two weeks to receive your approval and welcome packet in the mail. After you receive your Mississippi sales tax permit, file and submit regular tax returns to stay compliant.
Step 5: File a surety bond (if required)
Mississippi business owners without a permanent place of businesses and/or mobile home sellers must purchase a sales tax surety bond. The bond is a form of financial security that guarantees the business will remit their sales taxes to the DOR. You can purchase your Mississippi sales tax bond instantly starting at $100 with SuretyBonds.com.
How Much Do Mississippi Sales Tax Bonds Cost?
Mississippi sales tax bond costs start at $100 for a one-year term. The premium rate depends on the bond amount required by the Department of Revenue (DOR).
- Bond Amounts Up to $25,000: Premiums start at $100
- Bond Amounts Over $25,000: Credit-based premiums, starting at $300
Your bond amount will be calculated as twice your approximate tax liability for three months. Confirm this number with the DOR before purchasing.
How Do I Renew My Mississippi Sales Tax Bond?
Mississippi sales tax bonds must be renewed annually. Simply pay your renewal invoice to keep your bond active for the next term.
You do not need to renew your Mississippi sales tax permit. However, if your business structure, location or tax liability changes, update your permit accordingly.
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Last Updated: December 2, 2024
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