35 Miss. Code. R. 6-02-07-100
Current through October 31, 2024
Mississippi property in use, and valued and assessed by the Department under Miss. Code Ann. Section 27-35-301, shall not depreciate in value below a floor of twenty percent (20%) of original or gross investment. Property abandoned or out of use, shall not depreciate below a floor of ten percent (10%) of original or gross investment.
35 Miss. Code. R. 6-02-07-100