MS SB2104

Removes the requirement for taxpayers with average monthly sales tax liability of at least $50,000 to pay 75% of their estimated June sales tax liability by June 25 each year.

Eliminates the 10% penalty previously imposed on taxpayers who failed to comply with the June 25 payment requirement.

Renumbers subsections (3) through (9) in Section 27-65-33, Mississippi Code of 1972, to reflect the removal of the June payment provision.

Maintains all other existing sales tax collection requirements, including the standard payment due date of the twentieth day of the month following the month in which tax accrues.