Mississippi develop encentives

A Right-To-Work Law in the state constitution

Foreign Trade Zones

No sales tax on purchases of raw materials, processing chemicals, or packaging materials

Partial (50%) sales tax exemptions for purchases of construction materials, machinery and equipment in DeSoto County

A 1 1/2% sales tax on machinery anf parts used directly in manufacturing and on industrial electricity, natural gas, and fuels

Favorable unemployment insurance rates and workers' compensation rates

State-sponsored financing programs for land, building, and new equipment

Favorable individual and corporate income tax rates

State income tax credits for five years of $500 for each new job created by a new or expanding business, providing 20 or more jobs are created

Five-year state income tax credits of $1000 for each new R&D job created

Companie establishing or transferring regional or national headquarters to Mississippi may be eligible for five-year state income tax credits of $1000 for each new job created and full sales tax exemptions for direct purchases of construction materials, machinery, and equipment for the headquarters facilities

State income tax credits equal fo 50% of child/dependent care expenses

State income tax credits equal to 50% of basis skills training and job re-training expenses

State income tax credits for qualified industries in conjunction with certain bond financing agreements

Ten year exemptions from county and city property taxes, except school taxes and road and bridge taxes

Perpetual exemptions of all property taxes on finished goods distributed outside of the state through a Free Port Warehouse Law

Customized industrial training programs provided through the Northwest Mississippi Community College

Utility companies offer discounts on telephone and electric rates to eligible companies

Quarterly incentive payments through a diversion of withholding taxes for certain qualified businesses