PERSONAL PROPERTY (A BUSINESS TAX)
Personal Property is any property in your business that is not realty. It is all movable items not permanently affixed or attached to part of the real estate.
The basic categories of personal property are:
Personal Property may be leased, loaned, rented, consigned, or owned outright.
All businesses are required to initially render to the Tax Assessor an asset listing* of their business personal property. Thereafter, each business is required to submit a Personal Property Rendition Form, supplied by the Tax Assessor's Office, by April 1. Completing this form each year will update the asset listing*.
* An asset listing is an itemized list of furniture and fixtures, machinery and equipment including the year of acquisition, cost, and the make and model of that item.