Unpaid Mississippi sales and use tax balances will not incur penalties or interest for the duration of the national emergency that President Donald Trump issued March 13, but the deadline to file sales and use tax returns hasn't changed, the department said in a statement. The announcement followed the department's Monday notice saying it would extend the deadlines to file and pay personal and corporate income taxes by one month, from April 15 to May 15.
The department has also suspended the accrual of interest and penalties on all new assessments and prior tax liabilities, effective March 15, for the duration of the national emergency, the statement said. Additionally, the department said it will abate penalties and interest on audits settled during the national emergency period when taxpayers agree to pay the tax due and forgo an appeal.
In addition, Mississippi will not use an employee's temporary remote work policy designed to curb the spread of COVID-19, the disease caused by the virus, to impose any nexus or alter income apportionment for businesses while the temporary remote work policies are in place, the statement said.
--Editing by Vincent Sherry.
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