TRANSFER OF NATIONAL OR REGIONAL HEADQUARTERS

A full sales and use tax exemption is available at any qualified business transferring their national or regional headquarters to Mississippi and creating a minimum of thirty-five jobs. The exemption is available to any qualified business on purchases of component materials used in the construction or expansion of a building. A full sales and use tax exemption is also available for any machinery and equipment to be used within the building. The exemption is effective from the time the application is approved until ninety days after the designated start-up time, provided that these purchases are made directly from the supplier.