Posts Tagged ‘Sumrall’

New faces in new places leave fate of inventory tax reform unclear

New legislative leadership does not necessarily guarantee easy victory for an old fight over inventory taxes. That’s something on which parties from both sides of the issue agree. Mississippi is one of nine states that still impose an inventory tax on its businesses. Arkansas is the only bordering state to still impose it, and Georgia […] [...]

Litigation timeline key for Section 42 valuation fight

A key hearing this week in Hinds County Chancery Court could go a long way toward changing how tax assessors calculate the tax liability for Section 42 Housing Developments. The Mississippi Association of Supervisors, the Mississippi Municipal League and dozens of towns and cities have sued the Department of Revenue, in an attempt to force […] [...]

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