Walthall County Economic Development Authority
Incentives  
Right-to-Work law in the Mississippi State Constitution
WALTHALL COUNTY
ECONOMIC DEVELOPMENT AUTHORITY
P.O. Box 227
Tylertown, MS 39667
(601) 876-2680 or
email
Incentives for Industry


Manufacturers
Wholesalers
Processors
Research and Development Facilities
Distributors
Warehouses

In addition, the following businesses qualify upon receiving a designation
by the Mississippi Development Authority:

Air and Transportation Maintenance Facilities, Telecommunications
Companies, Data and Information Processing Companies, Computer
Software Development Enterprises, Recreational Facilities that impact
Tourism, Resort hotels having a minimum of 150 rooms, Movie Industry
Studios and Technology intensive facilities.

Program Facts

Jobs Tax Credits are calculated as a percentage of eligible payroll each
year for five years, based on job location and wages subject to state
income tax. The credits are taken in years two through six after the new
jobs are created.

To be eligible for this credit, the employer must create and maintain an
annual average employment of the minimum number of jobs required
based on the development ranking of the county.

  County Classification       Jobs                      Credit Amount    
  
  Tier II                               15 or more              5% of Payroll
  
Walthall County is classified as a Tier II County for 2010.

Credits can be used to offset up to fifty percent of the entity’s income tax
liability, and unused jobs tax credits can be carried forward up to five
years.

For further details, see the Mississippi Tax Incentives, Exemptions, and
Credits on the State Tax Commission’s website http://www.mstc.state.ms.
us/revenue/incentive/2008IncentiveBook.pdf, or Section 57-73-21, Ms
Code 1972, Annotated. To request these documents or for assistance,
contact the State Tax Commission at (601)923-7044 or the Financial
Resources Division at financial@mississippi.org or (601)359-3552.

      The maximum credit that may be claimed by a taxpayer on any  
      project shall not exceed $1,000,000.

ON-THE-JOB TRAINING