Starkville and Oktibbeha County tax information for businesses. Mississippi Commercial and Personal Property, Income, and Sales Tax resources.
Corporate Income Tax
Mississippi calculates corporate income tax as follows: 0% on the first $5,000 of taxable income, 4% on the next $5,000 of taxable income, and 5% on the remaining amount. (Source: MS DOR)
Property Tax
There is no state property tax.
Franchise Tax
For tax years beginning on or after January 1, 2023, but before January 1, 2024, Franchise tax is computed at $1.25 per $1,000 (or fraction thereof ) of the value of the capital employed, in excess of $100,000 or the assessed property values in this state, whichever is greater. In no case shall the franchise tax computed be less than $25. (Source: MS DOR)
Sales Tax
Mississippi has a 7% sales tax.
Oktibbeha County Taxes
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City of StarkvilleTaxes
Sales Tax
The City of Starkville levies a 2% food and beverage tax and 2% hotel/motel tax.
Privilege License
All retail, food service, general contractors, and general service businesses operating within the city limits must have a privilege license. Guidelines for a privilege license (PDF) . Privilege license may be obtained at the City Clerk’s office.