Use this form for reporting: 1. All taxable personal property.
2. All changes in personal property.
PERSONAL PROPERTY RENDITION
Return not later
than April first.
SECTION 3 - FURNITURE AND EQUIPMENT
If you have acquired or removed any furniture or equipment during the previous year, please list in the space provided below.
Additions: (If additional space is needed, please attach additional sheets, as necessary.)
Description of Item Year
Purchased
Purchased
New/Used (√)
Year of
Manufacture
Cost Installed
1.
2.
3.
4.
5.
6.
Deletions: (If additional space is needed, please attach additional sheets, as necessary.)
RETURN TO:
_______________________County, Mississippi
If name or mailing address is incorrect, please correct below.
________________________________________________
________________________________________________
________________________________________________
State Zip
Form 73
-
033 MSTC Rev 01
Inventory as of January 1, or
Average of previous 12 months
from January 1.
1. Inventory (actual cost) $________________
2. Consigned/ Floor Plan $________________
3. Fuel Inventory $________________
4. Industrial Inventory Only:
5.
Total $
a. Raw materials $_________________
b. Work in progress $_________________
c. Finished Goods $_________________
Section 2 - Inventor
y
Check One
1. DBA and physical address of business:
________________________________________
________________________________________
2. Name of owner. (If partnership, only one name
is necessary.):
_______________________________
3. Inventory reported on previous year’s MS income
tax return: _________________________________
4. Supporting books and records located at:
__________________________________________
__________________________________________
5. Primary business activity:
Section 1 - Miscellaneous
N
ame
Stree
t
City
Description of Item Year Year Cost Name & addresses of
Purchased Manufactured New Purchaser
1. $
2.
3.
4.
5.
Certification: I hereby certify under oath that the above entered information is true and correct to the best of my knowledge.
Verification under oath required by Miss. Code Ann. §27-35-23 (4)
Signature of Property Owner: Signature of Preparer (if other than Property Owner):
_____________________________________ Date:_________ ______________________________________ Date:_______
Property Owner Information
The purpose of this form is to enable the owner of property to render pertinent information to the County Assessor as conveniently as possible. Any questions
with regard to this rendition, or personal property assessments, should be addressed to the County Assessor.
This form must be completed in its entirety, certified, and submitted to the County Assessor. In the event of failure to do so, the County Assessor is required to
assess the property using the best information available.
A listing of furniture, fixtures, machinery, and equipment owned and/or leased in said county, by location, description, original year new, and original cost new, is
requested. (Please report inventory at cost.)
A listing of Leased equipment including lessor/lessee name, mailing address, description and location of equipment, original year new, and cost new is requested
Property not owned by the taxpayer, but in his/her charge, as lessee, parent, spouse, executor administrator, guardian, trustee, or otherwise, is to be rendered by
the person having that charge, and separate lists shall be returned for each party claimed as an owner of property.
In accordance with Mississippi code 1972 Section 27-35-45, Annotated (1995), FAILURE TO LIST FOR ASSESSMENT, AS REQUIRED BY LAW, ANY
PERSONAL PROPERTY WHICH IS TAXABLE UNDER THE LAWS OF MISSISSIPPI, OR FAILURE TO PROVIDE THE TAX ASSESSOR WITH ANY
DOCUMENTATION THAT THE ASSESSOR CONSIDERS NECESSARY TO VERIFY THE LIST, THE CURRENT YEAR ASSESSMENT SHALL BE INCREASED
BY TEN PERCENT(10%).
The tax lien date in Mississippi is January first to March first. Property is assessed to the person who owned it at that time. If ownership is unknown or uncertain,
then property is assessed to the person who was in possession of, or in charge of, the property at that time.
Time for filing is determined by the County Tax Assessor. In no case, however, can it be later than the first of April. All owners of taxable personal property are
required to file.
Personal Property is assessed in the county and district where it is located, with certain narrow exceptions. If one person owns personal property in more than one
taxing district, separate lists are to be made for each district.
Determination of true value for purpose of assessment shall mean and include, but shall not be limited to, market value, cash value, actual cash value, proper
value, and value for the purpose of appraisal for ad valorem taxation.
The County Assessor has the right to inspect any property, to propound questions, to examine books, records, and any documents relating to the ownership or
value of property, the right to ascertain the amount of insurance carried, and must be provided, on request.
Objections to assessments are made to the Board of Supervisors at the August meeting each year. The Board of Supervisors equalizes assessments between
and among properties on appeal, and may make adjustments to assessed value, accordingly.
5. Do you have any leasehold improvements at your business premises which have been arranged between you and other party(ies) either this year or in a previous
year? YES NO If the answer is yes, please list in the space provided below. (Leasehold improvements include, but are not limited to, shelving, bins,
counters, movable partitions, supplemental heating or air conditioning, draperies, or extraordinary lighting, electrical, or plumbing facilities.
Description of Improvement: Year Installed Cost
$
4. Do you have in your possession, or is there located at your business, any machinery, equipment, furniture, fixtures, or vending machines leased, rented, loaned, or
stored at the location, but not owned by you? YES NO If the answer is yes, please list in the space provided below (Exclude licensed motor vehicles)
Selling Price Annual or Monthly Year of Year
Description of Item Name and Address of Owner (if stated in lease) Rent (specify) Manufacture Installed
$ $
Please notify me in writing if the appraisal or true value of my personal property is increased by 10% or $50,000.
Have you rebuilt or re-manufactured any equipment? Yes No If the answer is yes, please list in the space provided below.
Description (Make and Model): Year of Rebuild Cost
$
Please check the appropriate category:
Property was manufactured…
...by you and you are the lessor.
…by another and you are the lessor.
Year
Manufactured
Section 4 - (Leasing and Rental Companies Only)
Did you have machinery, equipment, furniture, or fixtures located in the county which were
leased, rented, loaned, or stored, and were in the possession of another party as of January 1?
YES NO If the answer is yes, please list in the space provided below.
Lessee’s Name and Address Quantity and Description
Annual or Monthly
Rent (Specify)
$
Term of
Lease
Year
Installed
Current Selling Price
(New, Retail)
$
