– An income tax credit for each position assigned to a national or regional headquarters created in, transferred
to or expanded in Mississippi.
– An income tax credit equal to a national or regional headquarters’ actualrelocation costs. Qualified relocation
expenses are non-depreciable expenses necessary to relocate headquarters employees to Mississippi, such as employees’ moving expenses and travel expenses incurred by employees and their families as they search for homes in the state. The credit is applied to the tax year in whichthe relocation costs are paid and can be used with other credits.
– Company must create, transfer or expand its headquarters operations in Mississippi and must create at least 20 new headquarters jobs to receive the credit as defined by the Mississippi Department of Revenue.