Tax Assessment Ratio
Exempt Eligible Enterprises
The chart below indicates the millage rates from which eligible enterprises are exempt:
*DeSoto County tax rates as shown are an average. There are 80 taxing areas in the County and the rate varies by area. This ratio is a county average.
Areas Not Qualifying for an Exemption
Exemptions are not allowed on the following:
Note: For single-family, owner-occupied homes, Mississippi has a Homestead Exemption (credit) available.
More Information
For more information, contact the DeSoto County Economic Development Council.
The chart below indicates the millage rates from which eligible enterprises are exempt:
Tax Assessment Ratio - Exempt Eligible Enterprises |
|||||
---|---|---|---|---|---|
Location |
Rate / $1,000 |
Land / Building |
Personal Property |
Inventory |
Single-Family Dwelling |
DeSoto County* |
$22.50 |
15% |
15% |
15% |
10% |
Hernando |
$23.12 |
15% |
15% |
15% |
10% |
Horn Lake |
$26.25 |
15% |
15% |
15% |
10% |
Olive Branch |
$27.39 |
15% |
15% |
15% |
10% |
Southaven |
$24.38 |
15% |
15% |
15% |
10% |
Town of Walls |
$21.00 |
15% |
15% |
15% |
10% |
*DeSoto County tax rates as shown are an average. There are 80 taxing areas in the County and the rate varies by area. This ratio is a county average.
Areas Not Qualifying for an Exemption
Exemptions are not allowed on the following:
|
|
More Information
For more information, contact the DeSoto County Economic Development Council.