Mississippi Administrative Code
Title 35 - Department of Revenue
Part 10 - Economic Development
Chapter 03 - Research and Development Skills Credit
Section 35-10-03-100

Under Miss. Code Ann. Section 57-73-21(6), a credit of $1,000.00 is available for the first five (5) years for each net new full-time employee in any job requiring research and development skills. The employee must be engaged in research and development activities. Qualification of jobs for this credit would require at a minimum, a Bachelor's degree in a scientific or technical field of study from an accredited four (4) year college or university, employment in the employees' area of expertise, compensation at a professional level and two (2) years of related job experience. Examples are chemists and engineers.