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MS
Growth and Prosperity Program
Provides Mississippi tax exemptions for qualifying businesses locating or expanding in designated GAP counties.
About this program
The Growth and Prosperity Program provides tax incentives to eligible businesses locating or expanding in designated economically distressed counties and communities. Qualified businesses may receive exemptions from certain state income and franchise taxes and sales and use taxes related to eligible equipment, machinery, and initial facility improvements.
Eligibility
Eligible applicants are qualifying businesses locating or expanding in designated Mississippi Growth and Prosperity areas and meeting job creation and investment requirements.
Requirements
- Business must locate or expand in a designated Growth and Prosperity area.
- Business must be in an eligible business sector under Mississippi program rules.
- Project must meet applicable job creation and investment requirements.