MS HB1589

Amends Mississippi Code Section 27-65-3 to define "shipping and handling charges" as charges for labeling, packaging, and shipping of property sold, limited to actual costs incurred by the seller and excluding delivery in the seller's vehicle.

Excludes shipping and handling charges from "gross proceeds of sales" for purposes of state sales tax calculation under Section 27-65-3.

Amends Mississippi Code Section 27-67-3 to apply the same "shipping and handling charges" definition and exclude these charges from "purchase price" or "sales price" for state use tax purposes.

Does not affect tax claims, assessments, appeals, or suits for taxes accrued before the effective date under existing sales and use tax laws.

Takes effect July 1, 2010.