Local Business & Economic Development

Taxes

Starkville and Oktibbeha County tax information for businesses. Mississippi Commercial and Personal Property, Income, and Sales Tax resources.

State of Mississippi Taxes

Corporate income tax

Mississippi calculates corporate income tax as follows: 3% on the first $5,000 of taxable income, 4% on the next $5,000 of taxable income, and 5% on the remaining amount. (Source: MS DOR)

Franchise tax

Franchise tax is computed at $2.50 per $1,000 of the value of the capital employed or the assessed property values in this state, whichever is greater. In no case shall the franchise tax computed be less than $25. (Source: MS DOR)

Income Tax

Income tax is computed as follows: 3% on the first $5,000 of taxable income, 4% on the next $5,000 of taxable income, and 5% on taxable income in excess of $10,000. (Source: MS DOR)

Property Tax

There is no state property tax.

Sales Tax

Mississippi has a 7% sales tax.

Related Links

Oktibbeha County Taxes

Personal Property Tax

Property Tax Search

Millage Rates

Map of Parcels

Appraisal Information

 Related Links

City of Starkville Taxes

Sales Tax

The City of Starkville levies a 2% food and beverage tax and 2% hotel/motel tax.

Privilege License

All retail, food service, general contractors, and general service businesses operating within the city limits must have a privilege license. Guidelines for a privilege license (PDF) . Privilege license may be obtained at the City Clerk’s office.