Sell a business in Mississippi
When you sell a business in Mississippi, taxable income above $10,000, a sale gain included, is taxed at 4.4 percent for 2025, falling to 4 percent in 2026 and 3.75 percent in 2027, so the closing date changes the bill. There is no estate or inheritance tax.
Mississippi has fewer employer businesses than most states. The state's cut of the gain is modest, 4.4% at the top. Little else gets in the way of the sale.
Tax on the gain: Flat rate.
Today
Where you stand
The starting point in Mississippi
The elements this touches
- TmTime The years before you want out. It feeds the exit-readiness score and never moves the price; every other decision is planned against it.
The deal team on what changes when you sell a business in Mississippi.
Before the letter of intent
What Mississippi takes
How is the gain taxed when you sell a business in Mississippi?
A 4.4 percent rate on income above $10,000 in 2025, falling to 4 percent in 2026 and 3.75 percent in 2027; a corporate franchise tax on the way out; no estate tax.
Flat rate.
A founder on film
On what he learned about tax on the way to the sale.
Lewis Titus Wastewater purification and manufacturing · Wyoming
Rate falls to 3.75 percent
For tax year 2025 the first $10,000 of taxable income is untaxed and the rest is taxed at 4.4 percent, dropping to 4 percent in 2026 and 3.75 in 2027.
Franchise tax phases out
The corporate franchise tax is $0.75 per $1,000 of capital in 2025, $0.50 in 2026, and $0.25 in 2027, with a $25 minimum, as it phases out.
No estate or inheritance tax
Mississippi levies neither an estate tax nor an inheritance tax in 2025.
The rate is the state's top rate on the gain for the year shown, the same figure as the indicator in the hero, so the two can never disagree.
The elements this touches
- TxTax Strategy The deal and entity structure, set before the letter of intent. FNDRS tracks whether it is in place. It never moves the price; it changes what you keep.
- ApAfter-Tax Proceeds What you keep at close. FNDRS records the pre-tax walk-away and the gap to your number. It never moves the price, and the tax on it is a question for your CPA.
Under contract and at closing
The rules of the sale
What are the rules for selling a business in Mississippi?
A seller must file a final sales tax return within ten days of selling, and the sales tax permit does not transfer with the business.
01Final return within ten days
A seller who quits or sells the business must file a final sales tax return within ten days, and the buyer cannot use the seller's sales tax permit.
Mississippi Department of Revenue, 2025
The elements this touches
- LcLegal & Compliance Contracts, licenses, and filings in order and enforceable. The FNDRS valuation reads it, and the score moves the multiple.
- DrData Room The documents a buyer will ask for, ready before they ask. FNDRS tracks it in the deal-readiness report card; it decides how fast and how cleanly a deal closes.
One thing you would not guess
The state income tax rate falls every year on a published schedule, so a deal that closes in January instead of December is taxed at a lower rate.
The Department of Revenue publishes the rate three years out: 4.4 percent for 2025, 4 percent for 2026, 3.75 percent for 2027.
Day 0, and the years after
After the close
What Mississippi lets the proceeds do
Since 2014 a seller can fund a self-settled Mississippi asset protection trust with an independent in-state trustee and keep a discretionary interest in it.
Self-settled trusts since 2014
The Qualified Disposition in Trust Act (HB 846), effective 1 July 2014, lets a settlor be a discretionary beneficiary of an irrevocable Mississippi-trusteed trust with spendthrift protection.
WealthThe trustee must materially participate
The Mississippi trustee must materially participate, for example by holding some assets in the state, keeping records, or preparing the trust's tax returns.
WealthWhere FNDRS comes in
Post-exit planning is the third act of the same engagement, done with outside experts, and it starts before the letter of intent, when a move or a trust can still change the answer.
FNDRSThe elements this touches
- EsEstate Architecture Trusts and ownership set up before the letter of intent. It changes what the family keeps, not what a buyer pays.
- ApAfter-Tax Proceeds What you keep at close. FNDRS records the pre-tax walk-away and the gap to your number. It never moves the price, and the tax on it is a question for your CPA.
People who walked it
Founders
Founders who worked with FNDRS, in their own words
From founders elsewhere
What founders say about working with FNDRS
No founder in Mississippi is quoted yet. These are founders in other states, quoted word for word, each described by role and state.
“I definitely don't think we'd be in the same spot without you guys.”
No founder in Mississippi is on film yet. These are founders in other states who worked with FNDRS.46 founders on film
Nearby
Other states in the South
| South | Tax on the gain | Complexity | Deal volume |
|---|---|---|---|
| Alabama | 5% 2025 | Medium | Medium |
| Arkansas | 3.9% 2025 | Low | Low |
| Delaware | 6.6% 2025 | Medium | Very low |
| Florida | None 2025 | Medium | Very high |
| Georgia | 5.19% 2025 | Medium | High |
| Kentucky | 4% 2025 | Medium | Medium |
| Louisiana | 3% 2025 | Low | Medium |
| Maryland | 8.5% 2025 | Medium | Medium |
| North Carolina | 4.25% 2025 | Medium | High |
| Oklahoma | 4.75% 2025 | Low | Medium |
| South Carolina | 6% 2025 | Low | Medium |
| Tennessee | None 2025 | Low | Medium |
| Texas | None 2025 | Medium | Very high |
| Virginia | 5.75% 2025 | Medium | High |
| West Virginia | 4.82% 2025 | Medium | Low |
Your next step
The road starts with one step
Know where you stand in fifteen minutes, or talk the Mississippi sale through with a dealmaker. Either way, no pitch and no obligation.
Selling in Mississippi? Start with a conversation
No pitch and no obligation. If the honest answer is not yet, we will say so, and say what to work on.