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Mississippi Code Title 27. Taxation and Finance § 27-35-4

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) All Class I property, as defined in Section 112, Mississippi Constitution of 1890, shall be assessed at the rate of ten percent (10%) of true value.

(2) All Class II property and Class III property, as defined in Section 112, Mississippi Constitution of 1890, shall be assessed at the rate of fifteen percent (15%) of true value.

(3) All Class IV property and Class V property, as defined in Section 112, Mississippi Constitution of 1890, shall be assessed at the rate of thirty percent (30%) of true value.

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Cite this article: FindLaw.com - Mississippi Code Title 27. Taxation and Finance § 27-35-4 - last updated January 01, 2025 | https://codes.findlaw.com/ms/title-27-taxation-and-finance/ms-code-sect-27-35-4/

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