Mississippi Administrative Code
Title 35 - Department of Revenue
Part 4 - Sales and Use Tax
Subpart 01 - Administrative
Chapter 03 - Sales Tax Bonds
Section 35-4-01-03-108

The surety on the tax bond is secondarily liable for all taxes due on the contract covered by the bond. When a contractor defaults on the execution of his contract and the bonding company acting as surety for the performance of the contract assumes completion of the contract, the bonding company becomes primarily liable for the payment of the sales, use, income, withholding and motor fuel taxes accruing as a result of its activities and is subject to the same bonding requirements and MPC (material purchase certificate) requirements as the original contractor.