Section 35-6-02-06-504.01 - Category I1. Failure to assess or delete a new business whose true value equals or exceeds $50,000.2. Failure to list or assess individual items of any business whose true value equals or exceeds $20,000.3. Data entry errors that equal or exceed $25,000 true value per parcel.4. Failure to assess a 10 percent (10%) penalty to any business that fails to file a proper rendition.5. Failure to list items in a business totaling 30 percent (30%) or more of true value providing the business' true value equals or exceeds $50,000.6. Failure to value a taxable inventory equal to or exceeding $100,000 of true value.7. Failure to physically review and re-value the assets of a business on the 25 percent (25%) list.8. Failure to provide the personal property 25 percent (25%) list to the property tax office by April 1st of the base year.9. Failure to routinely use the most current depreciation tables or multiplier tables supplied by the property tax office.10. Failure to routinely assess 10 percent (10%) penalty for renditions filed after April 1.11. Failure to submit renditions or copies of renditions to the property tax office upon written request.12. Failure to use the current pricing information supplied by the property tax office for other approved pricing.13. The above mentioned category I errors 8-12 are not parcel specific, thus, they will be assigned 4 error points each.35 Miss. Code. R. § 6-02-06-504.01