The Mississippi Tax Sharing and Disaffiliation Agreement is a legally binding agreement between two or more entities in the state of Mississippi that outlines the sharing of tax revenues and the disaffiliation process. This agreement is designed to facilitate the fair allocation of tax revenues between parties and to govern the disaffiliation of one entity from another. Keywords: Mississippi, Tax Sharing and Disaffiliation Agreement, entities, tax revenues, disaffiliation process, fair allocation, govern. Types of Mississippi Tax Sharing and Disaffiliation Agreements: 1. Corporate Tax Sharing and Disaffiliation Agreement: This type of agreement is commonly entered into by corporations operating in Mississippi. It outlines the distribution of tax revenues among corporate entities and governs the disaffiliation of a subsidiary or affiliated company from the parent company. 2. Municipal Tax Sharing and Disaffiliation Agreement: This agreement is usually made between municipalities or local authorities within Mississippi. It determines the distribution of tax revenues generated by various local entities and establishes a framework for disaffiliation in case a municipality decides to separate from the collaborative tax-sharing system. 3. Partnership Tax Sharing and Disaffiliation Agreement: Partnerships operating in Mississippi may enter into this type of agreement to ensure an equitable distribution of tax liabilities and revenues among partners. It also specifies the process for disaffiliation of a partner from the partnership. 4. State and County Tax Sharing and Disaffiliation Agreement: This agreement is made between the state government and county authorities within Mississippi. It delineates the sharing of tax revenues between the state and the counties and establishes guidelines for the disaffiliation of a county from the state's tax-sharing system. 5. Education Tax Sharing and Disaffiliation Agreement: Educational institutions or school districts within Mississippi may enter into this type of agreement to facilitate the sharing of tax revenues for funding purposes. It also provides procedures for disaffiliation in case a school district decides to opt-out of the tax-sharing arrangement. In conclusion, the Mississippi Tax Sharing and Disaffiliation Agreement are contractual arrangements that govern the fair distribution of tax revenues and lay out procedures for disaffiliation among different entities operating in the state. Various types of agreements cater to corporations, municipalities, partnerships, state and county governments, and educational institutions to ensure a transparent and organized tax-sharing system in Mississippi.