35 Miss. Admin. Code Pt. III, Subpt. 11, Ch. 12 — Payment of Income Tax Withheld

100 All moneys withheld in accordance with the provisions of the Mississippi Income Tax
Withholding Act of 1968, as amended, shall be deemed to be held by the employer in trust
for the State of Mississippi, and shall be recorded by the employer in a ledger account so as
to clearly indicate the amount of tax so withheld, and that such amount is the property of
the State of Mississippi.
101 Quarterly or monthly returns must be filed by each employer with the Commissioner on
forms made available by the Commissioner for that purpose, and such returns must be
accompanied with a remittance from the employer for the full amount of the tax withheld
by him for that quarter.
102 Any employer who fails either to withhold the required tax or pay it to the Commissioner
as specified, or both, is liable to the state for the full amount of all taxes on the income paid
by him to his employees for the period for which he failed to report or turn over the same,
together with all interest and penalties accrued. Any employer who fails to deduct,
withhold or remit moneys or to furnish to any individual information statements, or
maintain records as required is guilty of a misdemeanor.
103 (Reserved)
104 (Reserved)