Supervisors deny tax exemption to GCP Laboratories
by Associated Press
Published: March 13,2012
GULFPORT — Harrison County supervisors have voted 3-2 to deny a Gulfport business a five-year tax exemption.
Board members who voted against the resolution yesterday said because it is not a new business, the county would lose money by allowing the exemption.
Bill Hessell of the Harrison County Development Commission tells The Sun Herald GCP Laboratories took over a similar business, ANIP, and kept all of the employees.
ANIP had an exemption for personal property, not ad valorem taxes. The ad valorem taxes bring in about $17,500 a year to the county.
Hessell said the new owners have put $1 million into the business.
But, supervisors said because the previous company didn’t have the exemption, the county would lose that revenue.
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