6 Miss. Code. R. 9-3.1
Pursuant to Miss. Code Ann. § 57-114-1et seq., the Mississippi Flexible Tax Incentive Program assists companies locating or expanding into Mississippi by providing a tax credit which can be taken to offset state taxes incurred during the establishment of the project. mFLEX was created with the goal of simplifying the tax incentive process for potential site locations and expansions as well as increasing the value of tax incentives in the state by providing flexibility in the utilization of the incentive. This incentive is intended to replace many of the existing tax incentives which each have a separate application and approval process and provide the state with no means of determining the utilization of the credit by the user.
6 Miss. Code. R. 9-3.1