35 Miss. Code R. § 6-02-06-502.03
Current through June 25, 2024
Leased property - Leased property shall be valued annually. The business where the leased property is physically located shall identify said property on its Personal Property Rendition Form. However, the property shall be assessed to the lessor. The lessor shall actually render the property. The assessor shall have a master property record card which shall locate and identify all leased property of the lessor. In the event the lessee does not adequately identify the lessor, the lessee will be taxed on the leased property.
35 Miss. Code. R. § 6-02-06-502.03