$1,000,000+ Savings By Correcting Jurisdiction

Mississippi Telecom Provider

A Mississippi based telecom provider engaged INTAX to minimize their overall personal property tax liability. Our review identified a large portion of assets and inventory being reported to the incorrect jurisdiction. In many instances, balances were reported to a jurisdiction that assesses personal property, when the correct jurisdiction would have considered it exempt. After correcting the reporting location, adjusting depreciable lives, and eliminating ghost assets from the listing, the total annual property tax savings exceeded $1,000,000.