35 Miss. Code. R. 4-06-01-501

Current through December 10, 2024

Section 35-4-06-01-501

All receipts from customers which are not refundable, or which are not investments in a marketable equity are included in gross income, taxable at the appropriate rate applicable to the customer. Examples are:

1. Connection or reconnection charges

2. Contributions to line extensions or relocations (aid to construction)

3. Forfeited membership deposits

4. Membership fees and deposits (non-refundable)

5. Sales of electricity, gas and other fuel

6. Service calls on property of customer (meter test, etc.)

35 Miss. Code. R. 4-06-01-501

Amended 7/15/2016

Amended 8/3/2024