Mississippi DOR Issues Notice on Excise Tax for Kratom Products

The Mississippi Department of Revenue (DOR) issued a notice announcing that effective July 1, kratom products will be subject to a 25 percent excise tax on the manufacturer’s list price. The notice provides details on how manufacturers, wholesalers, retailers, and consumers are required to report and pay the excise tax. [Miss. Dep’t of Revenue, Notice 72-25-05, 05/30/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.