Southaven OKs tag tax break for active duty military - WMC Action News 5 - Memphis, Tennessee

Southaven OKs tag tax break for active duty military

SOUTHAVEN, Miss. (AP) - Southaven is giving active-duty military personnel living there a break on their city taxes paid when they buy a motor vehicle tag.

Aldermen this week approved an exemption of up to $50 for active-duty military members.       Mississippi motorists pay county, city and school taxes when they buy motor vehicle tags.

Local governments assess property taxes on the value of a motor vehicle as determined by information supplied to them each year by the Mississippi State Tax Commission.

The cost of a tag decreases each year as the value of the vehicle drops.

The 2007 Legislature passed a law allowing county supervisors and municipal boards to exempt from motor vehicle property taxes, one motor vehicle owned by a Mississippi resident serving with the National Guard, reserves or any U.S. armed forces serving on active duty in Iraq or Afghanistan.

(Copyright 2007 by The Associated Press.  All Rights Reserved.)

Powered by Frankly