MS SB2096

Expands Mississippi income tax to apply to nonresidents' entire net income derived from property, activity, or other sources within the state, not just income from property owned/sold or business carried on in Mississippi

Broadens the definition of "doing business" to include regular solicitation of business from Mississippi customers, issuance of credit/debit/travel cards to Mississippi customers, performance of services outside Mississippi where benefits are received within the state, and franchising/licensing agreements with Mississippi franchisees

Clarifies that regular sale or distribution of products or services to customers who receive them in Mississippi constitutes doing business, replacing the previous narrower "transient selling" definition

Adds that income from services shall be apportioned to the state where the benefits of the services are received

Effective date of January 1, 2013