Miss. Code Ann. § 27-9-5.nr4: Miss. Code Ann. § 27-9-5.nr4

A tax equal to the sum of the following percentages of the value of the net estate is hereby imposed upon the transfer of the net estate of every decedent dying on or after October 1, 1990, whether a resident or a nonresident of the State of Mississippi:

MISSISSIPPI ESTATE TAX SCHEDULE

Over

But not over

Of excess over

$ -0-

$ 60,000

1%

60,000

100,000

$ 600 plus 1.6%

60,000

100,000

200,000

1,240 plus 2.4%

100,000

200,000

400,000

3,640 plus 3.2%

200,000

400,000

600,000

10,040 plus 4.0%

400,000

600,000

800,000

18,040 plus 4.8%

600,000

800,000

1,000,000

27,640 plus 5.6%

800,000

1,000,000

1,500,000

38,840 plus 6.4%

1,000,000

1,500,000

2,000,000

70,840 plus 7.2%

1,500,000

2,000,000

2,500,000

106,840 plus 8.0%

2,000,000

2,500,000

3,000,000

146,840 plus 8.8%

2,500,000

3,000,000

3,500,000

190,840 plus 9.6%

3,000,000

3,500,000

4,000,000

238,840 plus 10.4%

3,500,000

4,000,000

5,000,000

290,840 plus 11.2%

4,000,000

5,000,000

6,000,000

402,840 plus 12.0%

5,000,000

6,000,000

7,000,000

522,840 plus 12.8%

6,000,000

7,000,000

8,000,000

650,840 plus 13.6%

7,000,000

8,000,000

9,000,000

786,840 plus 14.4%

8,000,000

9,000,000

10,000,000

930,840 plus 15.2%

9,000,000

10,000,000 and over

1,082,840 plus 16.0%

10,000,000

Provided, however, that the tax due under this said section shall not be less than the state death tax credit allowable under Title 26, Section 2011, USCS .