27-7-103 - Applicability of provisions of Internal Revenue Code relating to capital losses. - Mississippi Statutes

§ 27-7-103. Applicability of provisions of Internal Revenue Code relating to capital losses.
 

All provisions of the Internal Revenue Code of 1986, as amended, in regard to limitations on capital losses, capital loss carrybacks and carryovers and holding periods of property shall be applicable to the provisions of Sections 27-7-95 through 27-7-101. 
 

Sources: Laws,  1991, ch. 524, § 5, eff from and after January 1, 1992.