2017 Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 15 - Investment Trusts
§ 79-15-25. How investment trust taxed
The income of an investment trust shall be taxed as if the investment trust were a business corporation with the exception of the dividend deduction allowed an investment trust under Section 27-7-17. An investment trust shall be deemed a domestic corporation for purposes of the corporation franchise tax imposed by Sections 27-13-1 through 27-13-61, Mississippi Code of 1972.