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 Personal Property Form 2021

2021-2025 Form

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Instructions and help about Personal Property Form

you decide whether personal property is taxable or exempt based on its status on january 1 the assessment date for the fiscal year that begins the following july 1. note that unlike real property exemptions the date for determining eligibility for personal property exemptions is the same as the assessment date taxpayers must submit returns declaring the taxable personal property situated in your city or town on january 1 to your office no later than march 1. some items of personal property are exempt regardless of the owner because they are subject to another excise tax or charge instead the exemptions ensure that there will be no double taxation items of personal properties subject to an alternative assessment include motor vehicles that are registered and subject to or exempt from the motor vehicle excise boats that are subject to or exempt from the boat excise farm animals machinery and equipment subject to or exempt from the farm animal in machinery excise farm animals and machiner

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