Mississippi Resolution of Board of Supervisors Granting Exemption from AV Taxes - 27-31-101
About this form
The Resolution of Board of Supervisors Granting Exemption from AV Taxes - 27-31-101 is a formal document that allows a local governing body, such as a board of supervisors, to grant an exemption from ad valorem taxes for a specified period. This resolution is particularly significant for entities looking to reduce their tax liabilities and is distinct from other tax exemption forms as it specifically addresses exemptions related to property taxes.
What’s included in this form
- Title of the resolution
- Signatures of the Mayor and Board of Aldermen
- Duration of the tax exemption (ten years)
- Approval confirmation from the Mississippi State Tax Commission
When this form is needed
This form should be used when a board of supervisors or other local governing body wants to formally grant a tax exemption to a property or business. It is commonly utilized in scenarios where promoting economic development or incentivizing business investment is a priority, especially when these entities qualify for reduced tax burdens.
Intended users of this form
- Local government officials, such as mayors and board members
- Entities seeking an exemption from ad valorem taxes
- Tax professionals assisting clients in applying for tax exemptions
How to prepare this document
- Enter the title of the resolution at the top of the form.
- Identify the parties involved, including the Mayor and the Board of Aldermen.
- Specify the property or business that is being granted the tax exemption.
- Include the duration of the exemption, which is typically ten years.
- Obtain signatures from the Mayor and the required board members.
- Ensure that the resolution is approved by the Mississippi State Tax Commission.
Notarization guidance
This form usually doesn’t need to be notarized. However, local laws or specific transactions may require it. Our online notarization service, powered by Notarize, lets you complete it remotely through a secure video session, available 24/7.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes to avoid
- Failing to obtain all necessary signatures before submitting the resolution.
- Not specifying the exact duration of the exemption correctly.
- Inadequate communication with the Mississippi State Tax Commission, leading to approval delays.
Benefits of using this form online
- Immediate access to template forms that can be customized.
- Ease of editing and ensuring the form meets specific requirements.
- Reliable and up-to-date legal information in the form.
