Invoicing in Mississippi

Built-in handling of MS sales tax (7.000000000000001% state rate) and statutory late fees.

State sales tax
7.00%
Late fee max
1.5%/mo
Metros covered
2
Written contract req.
No

Mississippi compliance at a glance

  • Sales tax: 7.00% state rate. State 7%; very few local additions. Restaurants/lodging 9-10%.
  • Late fees: Up to 1.5% per month. (Miss. Code §75-17-1) Default 8%/yr; contract rates up to 10%/yr or Fed discount + 5%.
  • Prompt-pay law: Mississippi Prompt Payment Act (Miss. Code §31-5-25 for public; §87-7-3 for construction). Construction subs paid within 15 days of GC receiving payment.

Mississippi metros

Mississippi guides