Estate Sales Laws

Are there any laws in Mississippi that govern Estate Sales?

Taxes:  Collecting sales tax by persons conducting an estate sale apply based on rules of the State Tax Commission.  The Mississippi State Tax Commission governs sales tax collections in accordance with Mississippi Law and rules of the commission.

Tag sale:  A tag sale is the considered the same as an estate sale.

In the Business:  Generally, if you regualiy conduct estate or tag sales you are required to collect sales tax.  

Owners:  If an owner conducts an estate sale without the assitance of an Estate Sale Company, there is no sales tax.

Auctions:  If you are conducting an auction of an Estate, auction license laws apply.

 

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