35 Miss. Code. R. 10-09-603
The MPPC shall provide the CPA performing the audit with, at a minimum, the following information:
1. A copy of the Motion Picture Incentive
Certificate from MDA.
2. A list of
all expenditures claimed by line item in electronic format.
3. Payroll expense reports which identify,
trace, and reconcile payroll costs for each employee to a final payroll
register, identify on which payments and in what amounts with holdings of
Mississippi income tax have been made and document that appropriate
corresponding payments and filings have been made to the State of
Mississippi.
4. Copies of all paid
invoices and receipts relating to each expenditure claimed as base
investment.
5. A completed crew
list.
6. A completed cast
list.
7. MS Driver's license, voter
registration, car tag or homestead exemption to confirm the residency of
employees/contract labor.
8. Copies
of issued W-2s and 1099s relating to all activities within the State of
Mississippi on the state certified production. If the production company has
not issued any W-2s or 1099s prior to completion of the submission, then it
shall provide other comparable documentation to verify payment.
9. Documentation or other verification that
purchases of services and tangible personal property are made from a
Mississippi vendor and purchases of services satisfy the five criteria to be
eligible for the rebate. Please see paragraph 302 of this regulation.
10. Documentation showing that the MPPC has
registered to do business with the Mississippi Secretary of State.
11. Any other documentation needed to confirm
base investment, payroll, and fringes expenditures during the audit.
Notes
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