Posts Tagged ‘exemption’

Lumber processor awarded tax exemption

by Associated Press Published: February 5,2014

Tags: Anderson-Tully Co., exemption, free port, incentive, lumber, tax

VICKSBURG — Anderson-Tully Co. will see an $826,869 drop in taxes after the company was given a “free port warehouse” exemption. Since 2003, the state has allowed counties to phase out the property tax levied on goods shipped out of state. The phase-in would be over 10 years to reduce the impact of the loss […] [...]

County gives 10-year tax break to Aurora Flight Sciences

by Associated Press Published: January 3,2014

Tags: Aurora Flight Sciences, exemption, Lowndes County, manufacture, manufacturer, manufacturing, tax

COLUMBUS — Lowndes County has given Aurora Flight Sciences a 10-year property tax exemption for its investment in the final expansion of its facility. Without the exemption, the unmanned aircraft manufacturer would have paid $9 million to the county in taxes through the next decade. The amount equals what Aurora invested in a 30,000-square-foot addition […] [...]

House passes numerous bills offering business tax breaks

by Associated Press Published: February 27,2013

Tags: bill, exemption, law, legislation, legislator, Legislature, state government, tax, tax break, taxpayer

JACKSON — The Mississippi House has approved tens of millions of dollars’ worth of tax breaks for businesses, but it’s unclear if the proposals will survive the Senate. A top budget writer, House Appropriations Committee Chairman Herb Frierson, estimated yesterday that the proposed tax breaks would be worth at least $50 million a year and […] [...]

City officials offer tax breaks to two companies

SOUTHAVEN — Southaven has approved 10-year tax exemptions for two companies that will bring jobs to the city. The Commercial Appeal reports EXCEL and Creedence Holdings, doing business in the city as West Coast Novelty, received unanimous approval from the seven-member Board of Aldermen. Mayor Greg Davis said EXCEL would bring 127 jobs to the […] [...]

Company wants tax breaks to redevelop LeTourneau site

VICKSBURG — A company that proposes to redevelop the former LeTourneau Technologies site says it needs a tax exemption on up to $41 million in equipment and buildings. A representative for Cameron International Corp., the Houston-based oil services company that bought the LeTourneau yard in 2011, told Warren County supervisors Monday the company plans to […] [...]

Officials find tens of thousands of homestead exemption errors

by Associated Press Published: November 15,2012

Tags: agency, error, exemption, home, homeowner, homestead, house, mistake, mortgage, real estate, residence, resident, state government

JACKSON — The Mississippi Department of Revenue has found mistakes in 36,000 homestead exemption filings. MDR officials tell The Clarion-Ledger it found cases where people were paying too little, too much or — in most instances — enjoying the tax break a deceased elderly or disabled relative formerly received. MDR officials credit the discovery of […] [...]

EPA approves emergency exemption for state’s cotton farmers

JACKSON — The Environmental Protection Agency has approved an emergency exemption that will help farmers in the Mississippi Delta control tarnished plant bugs in cotton, according to Mississippi Agriculture Commissioner Cindy Hyde-Smith. The tarnished plant bug has become one of the most damaging pests of cotton in recent years, responsible for an estimated $81 million […] [...]

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