Business personal property compliance

File with: County assessing official (Tax Assessor or Revenue Commissioner)

Deadline: December 31 (return accepted from October 1 through December 31)

Form ADV-40

Exemption: $40,000 of market value of business tangible personal property

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Filed with the county assessing official in the taxing jurisdiction where the property is located, NOT with the Alabama Department of Revenue. ADOR prescribes the form and the appraisal manual but does not receive ordinary business returns. The office title differs by county (Tax Assessor vs. Revenue Commissioner), and returns are filed county by county for property located in each.

File with: Borough or city assessor (organized municipalities only)

Deadline: Varies by borough/city - Anchorage April 30; Kenai Peninsula Borough February 15

Exemption: None statewide. Municipalities may by ordinance exempt some or all types of personal property (Alaska Stat. § 29.45.050(b)(2)). Verified local examples: Anchorage exempts the first $100,000 of assessed value of taxable personal property per taxpayer effective January 1, 2026 (AMC 12.10.020); Kenai Peninsula Borough exempts the first $100,000 of assessed value of business personal property from borough, Soldotna city and Homer city tax (not applicable to flat-taxed aircraft and watercraft).

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

Alaska has no county government and no state-level property tax administration. The Alaska Constitution permits delegation of the taxing power only to organized cities and boroughs, so the Unorganized Borough - which covers roughly the area outside the 19 organized boroughs and contains 96 incorporated cities - has no property-taxing authority. Per Alaska Taxable 2024, 15 of 19 boroughs/unified municipalities and 21 of 145 cities levy a property tax (Wasilla and Eagle have enacted but not levied one in several years). A business with property in a non-levying area or in the Unorganized Borough outside a levying city files nothing. The state Office of the State Assessor within DCRA provides oversight and publishes Alaska Taxable, but does not assess or receive returns.

File with: County Assessor

Deadline: April 1

Form 82520

Exemption: $500,000 of full cash value per taxpayer, for commercial and agricultural business personal property

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Filed with the county assessor where the property is located. The Arizona Department of Revenue prescribes the form (82520) and the valuation tables but does not receive ordinary business property statements; ADOR's own property tax page directs taxpayers to the county assessor for exemptions and appeals. Locally assessed property only - property of public utilities, railroads, pipelines and similar is centrally valued by ADOR under a different chapter and is not covered by this row.

File with: County Assessor

Deadline: May 31

Form A-6(no statewide form — each locality issues its own)

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Assessment is made with the county assessor where the property is located (Ark. Code Ann. § 26-26-1102 governs place of assessment). The Assessment Coordination Division, a division of the Arkansas Department of Finance and Administration, supervises and equalizes and publishes the appraisal manual and the A-6 form, but does not receive returns. Note the Arkansas vocabulary difference: taxpayers 'assess' with the assessor rather than 'file a return', and payment happens in a separate later window (first business day in March through October 15).

File with: County Assessor

Deadline: April 1

Form BOE-571-L

Exemption: No statewide de minimis. A county board of supervisors may exempt low-value property valued at $10,000 or less (raised to $50,000 for possessory interests for lien dates on or after January 1, 2020). Separately, R&TC § 441(a) sets a $100,000 aggregate-cost threshold that triggers a mandatory statement.

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

Filed with the assessor of each county where the taxpayer holds taxable personal property. The $100,000 threshold is tested per county on aggregate cost, so a business under $100,000 in one county and over it in another must file in the second. The State Board of Equalization prescribes the form and publishes the valuation factors but does not receive business property statements.

File with: County Assessor

Deadline: April 15

Form DS 056 (15-DPT-AS)

Exemption: $56,000 or less in total actual value per county, for personal property under common ownership

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Declaration schedules are submitted to the county assessor's office in which the property is located as of the January 1 assessment date. The Division of Property Taxation (within the Department of Local Affairs) prescribes and publishes the schedules and sets the exemption amount, but does not receive them. The $56,000 exemption is tested per county on property under common ownership, so a taxpayer with property in several counties gets the exemption in each.

File with: Town or city assessor

Deadline: November 1 (November 2 in 2026, because November 1, 2026 falls on a Sunday)

Declaration of Personal Property(no statewide form — each locality issues its own)

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Connecticut has no county government of any kind - counties exist only as geographic and judicial districts and have no assessors, no budgets and no taxing power. Every declaration goes to the assessor of the town, consolidated town and city, or consolidated town and borough in which the property is taxable. There are 169 such municipalities and a business with property in several of them files several declarations. Conn. Gen. Stat. § 12-43 separately obliges any nonresident owner - including an out-of-state leasing company - whose tangible personal property sits in a town for three months or more to file with that town's assessor.

File with: District of Columbia Office of Tax and Revenue

Deadline: July 31 (statute: file on or after July 1 but before August 1 of the tax year)

Form FP-31

Exemption: $225,000 of remaining cost (value) is excluded; tax applies at $3.40 per $100 only on value in excess of $225,000

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Single jurisdiction, single filing. There is no county, no assessor's office and no local variation - the return goes to OTR and must be filed and paid electronically through MyTax.DC.gov. This is unlike every neighbouring jurisdiction: a filer used to Maryland's SDAT or Virginia's commissioners of the revenue should note that DC personal property is a self-assessed tax return filed with the revenue department, not an assessment made by an assessor.

File with: County Property Appraiser

Deadline: April 1

Form DR-405

Exemption: $25,000 of assessed value per tangible personal property tax return

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Filed with the property appraiser of each county where the tangible personal property is located - not the tax collector, and not the Department of Revenue. DOR prescribes DR-405 and oversees the system but does not receive returns. The $25,000 exemption is per return, so a business with property in more than one county files a return and claims an exemption in each.

File with: County board of tax assessors or county tax commissioner (varies by county)

Deadline: April 1

Form PT-50P

Exemption: $20,000 - the actual fair market value of the total amount of taxable tangible personal property owned by the taxpayer within the county must not exceed $20,000. Motor vehicles, trailers and mobile homes are excluded from the exemption.

Leased equipment: The lessor (equipment owner) carries the filing obligation.

This is where Georgia filers go wrong: the receiving office is not uniform. The Department of Revenue's own guidance tells taxpayers to 'check with your county tax office to confirm if you file with the county tax commissioner or if returns are filed with the county board of tax assessors.' Returns are never filed with DOR, which only prescribes the forms and the appraisal rules. The $20,000 exemption is tested per county on the taxpayer's total taxable tangible personal property in that county as determined by the board of tax assessors.

File with: County Assessor

Deadline: March 15

Personal Property Declaration(no statewide form — each locality issues its own)

Exemption: $250,000 per taxpayer per county ($100,000 on and after January 1, 2015 under § 63-602KK(2)(a), plus an additional $150,000 on and after January 1, 2022 under § 63-602KK(2)(b), combined cap $250,000). Separately, any single item of taxable personal property purchased on or after January 1, 2013 with an acquisition price of $3,000 or less is exempt under § 63-602KK(1)(a). All transient personal property is exempt beginning January 1, 2022 under § 63-313.

Leased equipment: The lessor (equipment owner) carries the filing obligation.

The personal property declaration is returned to the county assessor. The Idaho State Tax Commission publishes the valuation schedules and the administrative rules and oversees the counties, but does not receive declarations except for centrally assessed operating property (public utilities and railroads), which is handled separately and is not covered by this row. The $250,000 exemption is per person per county - 'each person's personal property, located in the county' - and 'person' is defined to include two or more people using the property in a common enterprise, so related entities cannot multiply the exemption within one county.

File with: Township assessor where one exists; otherwise the county assessor

Deadline: May 15

Form 103-Long (State Form 11405); 103-Short for smaller filers; Form 104 summary accompanies both; Form 102 for farmers

Exemption: $2,000,000 of total acquisition cost of business personal property in a county, for the January 1, 2026 assessment date and after ($80,000 for assessment dates before 2026)

Leased equipment: The lessor (equipment owner) carries the filing obligation.

IC 6-1.1-3-7 requires the return to be filed with 'the assessor of each township in which the taxpayer's personal property is subject to assessment' and with 'the county assessor if there is no township assessor for a township.' Most Indiana townships no longer have an elected township assessor, so in most of the state the return goes to the county assessor — but not everywhere, and filing with the wrong office is the classic Indiana error. Returns are per-township/per-county where the property sits, and a Form 104 summary accompanies the Form 103 for each taxing district. The state's PPOP-IN portal routes an electronic filing to the correct assessor.

File with: County appraiser

Deadline: March 15

Form PV-PP-1A (Rev 12/25)

Exemption: Per-item, not per-taxpayer: machinery and equipment with a retail cost when new of $1,500 or less, as a stand-alone item, is exempt and need not be listed (K.S.A. 79-201w). There is no aggregate dollar threshold below which a taxpayer is excused from rendering.

Leased equipment: The lessee (party in possession) carries the filing obligation.

The rendition goes to the county appraiser of the county where the property is located on January 1. Note that Kansas is not a pure annual-filing state: under K.S.A. 79-306 as amended, once an initial rendition has been filed, no subsequent annual rendition is required for that property unless there is a change to report — new property, sale or removal of property, or a change in situs or use. A filer who assumes an annual filing duty is not wrong to file, but a filer who assumes a change never needs reporting is exposed.

File with: Property Valuation Administrator (PVA) of the county of taxable situs

Deadline: May 15

Form 62A500 (with schedules 62A500-A, -C, -L, -S1, -W, -MI)

Exemption: $1,000 or less of total fair cash value of tangible personal property per property location — no Form 62A500 required for that location, though records must still be kept

Leased equipment: The lessor (equipment owner) carries the filing obligation.

The form is a STATE form issued by the Kentucky Department of Revenue, Office of Property Valuation, but it is filed with the county PVA — not mailed to Frankfort — for the county where the property has taxable situs. The exception matters: returns postmarked AFTER May 15 are not filed with the PVA at all; the Department of Revenue instructs that late returns go to Kentucky Department of Revenue, Omitted Tangible Branch, 501 High Street, Station 32, Frankfort, KY 40601. Property in more than one county requires a separate return per county of situs.

File with: Parish assessor

Deadline: April 1, or 45 days after receipt of the form, whichever is later (Jefferson Parish: 45 days after receipt, with no April 1 alternative)

Form LAT 5

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Louisiana's county-equivalent is the parish, and each parish has its own elected assessor who mails and receives the LAT forms. Two exceptions a filer will trip on. First, Jefferson Parish: R.S. 47:2324 gives every other parish an 'April 1 or 45 days after receipt, whichever is later' rule, but carves Jefferson Parish out and requires return 'within forty-five days after receipt' with no April 1 alternative. Second, Orleans Parish operates its own online business personal property reporting system and issues its own LAT 5 announcements and deadline extensions separately from the rest of the state.

File with: Municipal assessor (town or city assessor, board of assessors, or chief assessor)

Deadline: Within 30 days of the assessor's written request for a true and perfect list (no fixed statewide date). Separately, the BETE exemption application is due April 1, automatically extended to May 1.

True and perfect list of taxable property (personal property declaration); locally titled(no statewide form — each locality issues its own)

Exemption: No general dollar de minimis. The operative relief is BETE — a 100% exemption for eligible business equipment first subject to tax in Maine on or after April 1, 2008 — claimed by annual application.

Leased equipment: Not verified for this state. Do not assume; confirm before filing.

Filing is with the local municipal assessing authority of the town or city where the property sits on April 1 — there is no county assessor role in Maine. For property in the Unorganized Territory the State Tax Assessor performs the function. The thing that misleads filers from other states: Maine has no fixed statewide personal property return deadline. The obligation is triggered when the assessor sends a written request for a 'true and perfect list,' and the clock is 30 days from that request, so the effective due date differs town by town and year by year.

File with: Maryland State Department of Assessments and Taxation (SDAT)

Deadline: April 15

Form Form 1

Exemption: $20,000 of total original cost of personal property at all Maryland locations — below that, the property is exempt from valuation and taxation

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Maryland is the outlier in this batch: the return goes to the STATE, not to any county. SDAT values the personal property centrally and certifies the assessment to the counties and municipalities, which then bill. The second thing that catches filers: the personal property return is not a standalone property filing at all — it is fused into the entity's annual corporate filing. Form 1 is the Business Entity Annual Report AND the Business Personal Property Return in one document, so an entity that owes no personal property tax still must file Form 1 to stay in good standing. Different entity types use different forms in the same family: Form 1 for corporations, LLCs, LPs, LLPs, LLLPs, REITs and statutory business trusts; Form 2 for sole proprietorships and general partnerships; Form 3 for credit unions; Form 5 for financial institutions; Form 7 for rental property.

File with: Board of assessors of each city or town

Deadline: March 1

Form State Tax Form 2

Exemption: Local option only: a city or town may vote to exempt a personal property account whose value does not exceed a locally set minimum, up to $10,000. The amount is set by each municipality and many have not adopted it at all.

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

Filing is with the board of assessors of every city or town where the taxpayer has taxable personal property on January 1 — there is no county assessing role in Massachusetts. A separate Form of List is required for each municipality. Note also that the entity-type analysis controls: a manufacturing corporation classified as such is exempt from the machinery tax under c. 59 §5 cl. 16(3), while the same equipment owned by an LLC taxed as a partnership is fully taxable. Utilities and mobile telecommunications providers are centrally valued or use separate forms (State Tax Form 2MT).

File with: Assessor of the local tax collecting unit — the city or township where the property is located

Deadline: February 20

Form 632 (L-4175)

Exemption: Small business taxpayer exemption: combined true cash value of all commercial and industrial personal property owned, leased or in the possession of the taxpayer and related entities in the local tax collecting unit is less than $180,000

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Michigan assesses at the city or township level, never the county. Form 632 is filed with the assessor of the local unit where the personal property is located, and Form 5076 is explicitly NOT filed with the Michigan Department of Treasury or the State Tax Commission — it goes to the city or township. A taxpayer with equipment in several townships files in each. The one state-level piece is the Essential Services Assessment for EMPP, which is certified and paid electronically to the state by August 15 each year.

File with: County tax assessor

Deadline: April 1

Form 73-033 (Rev. 10/2024)

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

The rendition is filed with the tax assessor of the county where the property is located. §27-35-23 requires separate lists organized by taxing district or school district where the property was located, so a single county filing may need to be broken out by district. The statute also reaches beyond owners: the duty to render falls on each person in respect of property they own 'or in other capacities such as executor, administrator, guardian, or trustee,' and the rendition form requires separate lists for each party claiming ownership.

File with: County assessor (and the Assessor of the City of St. Louis, which is an independent city outside any county)

Deadline: March 1

Personal property list / business personal property declaration (title varies by county)(no statewide form — each locality issues its own)

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Declarations go to the assessor of the county where the property was located on January 1. The independent City of St. Louis has its own assessor and is not part of St. Louis County — a filer with property in the city who files with the county, or vice versa, has filed in the wrong jurisdiction. Assessors mail declaration forms in early January; not receiving one does not excuse filing, and the assessor will supply a form on request.

File with: Montana Department of Revenue

Deadline: February 15

Personal Property Reporting Form (business equipment reporting)

Exemption: First $1,000,000 of a taxpayer's statewide aggregate market value of class eight property is exempt.

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

Montana has no county assessors. All personal property is appraised and assessed by the Department of Revenue, and reporting goes to the Department (TransAction Portal or a DOR field office), not to a county. A filer who mails a return to a county courthouse has not filed.

File with: County Assessor

Deadline: May 1

Personal Property Return — Nebraska Net Book Value

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

The return goes to the county assessor of each county where the property is located, NOT to the Nebraska Department of Revenue. The DOR's own personal property page says explicitly that returns should not be mailed to the Department. A separate return is required in each county.

File with: County Assessor

Deadline: July 31

Personal Property Declaration(no statewide form — each locality issues its own)

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

Declarations go to the county assessor, not the Nevada Department of Taxation. The Department's role is to publish the Personal Property Manual that assessors apply. Nevada runs on a July 1–June 30 fiscal year, so the reporting cycle does not align with a calendar-year January 1 lien date the way most states do — a filer who reports a January 1 snapshot has reported the wrong date.

File with: County Assessor (most business property); New Mexico Taxation and Revenue Department, Property Tax Division (centrally valued property)

Deadline: Last day of February

New Mexico Business Personal Property Report(no statewide form — each locality issues its own)

Leased equipment: The lessee (party in possession) carries the filing obligation.

This is the main place a New Mexico filer goes wrong. N.M. Stat. Ann. §7-38-8 splits the duty: subsection A requires property subject to valuation BY THE DEPARTMENT to be reported annually to the Department, while subsection B covers property valued by the county assessor and turns on whether the property was previously valued. A communications, pipeline or utility filer that sends its report to the county assessor has reported to the wrong body. Ordinary business equipment goes to the county assessor.

File with: County Tax Office / County Assessor

Deadline: January 31

Business Personal Property Listing Form(no statewide form — each locality issues its own)

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Listing goes to the county tax office, never to NCDOR. NCDOR's own statewide listing form is printed with the instruction 'DO NOT REMIT THIS FORM TO NC DEPARTMENT OF REVENUE — Send to appropriate county tax office,' and points filers to NCDOR's county assessors list for addresses.

File with: County Assessor

Deadline: March 15

Form 901

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

Form 901 is filed with the county assessor of each county where the property is located, not with the Oklahoma Tax Commission, even though the OTC prescribes the form. A separate rendition is required per county.

File with: County Assessor

Deadline: March 15

Form OR-CPPR (150-553-004)

Exemption: Statutory base: personal property is not subject to ad valorem property taxation where the total assessed value of all of a taxpayer's taxable personal property assessable in a county is less than $12,500 (a $25,000 figure also appears in the provision). The Department of Revenue must recompute the amount annually by multiplying $12,500 or $25,000, as applicable, by an indexing factor equal to the prior calendar year's average CPI divided by the 2002 U.S. City Average CPI, with increases rounded to the nearest $500. The CURRENT indexed dollar amount is not reported here because I could not verify it from a primary source.

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

The OR-CPPR goes to the county assessor where the property is located, even though the Department of Revenue publishes the form. The exception is state-appraised industrial property: under ORS 308.290 a combined return of real and personal property that is state-appraised industrial property is filed with the DEPARTMENT, not the county — same March 15 date, different recipient.

File with: City or town tax assessor

Deadline: January 31

Account of tangible personal property (commonly called the Annual Return / Tangible Annual Return)(no statewide form — each locality issues its own)

Exemption: $50,000 of aggregate ratable tangible personal property, per tangible property taxpayer, mandatory in every city, town and fire district

Leased equipment: The lessor (equipment owner) carries the filing obligation.

The account is filed with the assessor of the city or town where the property is located (§ 44-5-15(c)) — Rhode Island has no county government for tax purposes. Fire districts also levy a tangible tax and are listed separately in the state's tax-rate tables, but the taxpayer's account is filed with the municipality.

File with: SC Department of Revenue (Property Division) or the county auditor

Deadline: Last day of the fourth month after the close of the accounting period (April 30 for a December 31 year end)

Form PT-100

Leased equipment: The lessor (equipment owner) carries the filing obligation.

This is where filers get it wrong. Two independent rules stack. (1) By statute, SCDOR assesses only the NAICS sectors listed in § 12-43-335 — merchants and related businesses (Sectors 23, 42, 44-45, 71, 81, 453, and parts of 48, 481, 483, 484, 51, 56, 22), manufacturers (Sectors 21, 31-33), and railroads/utilities/transportation. Everything else goes to the county auditor. Sector 53 (Real Estate and Rental and Leasing) is NOT in the § 12-43-335 list, so an equipment-leasing company is a county-auditor filer under the default rule. (2) Overriding that, 41 counties have agreed to have ALL BPP returns filed with SCDOR — but Beaufort and Pickens carve out 'rentals,' which still go to the county. Berkeley County moved to SCDOR filing new for tax year 2026. As of December 31, 2025 the SCDOR-filing counties are Abbeville, Aiken, Allendale, Anderson, Bamberg, Beaufort (except rentals), Berkeley, Calhoun, Cherokee, Chester, Chesterfield, Clarendon, Colleton, Darlington, Dillon, Dorchester, Edgefield, Fairfield, Florence, Georgetown, Greenville, Greenwood, Hampton, Kershaw, Lancaster, Laurens, Lee, Lexington, Marion, McCormick, Marlboro, Newberry, Oconee, Orangeburg, Pickens (except rentals), Saluda, Spartanburg, Sumter, Union, Williamsburg and York.

File with: County assessor of property

Deadline: March 1

Tangible Personal Property Schedule

Exemption: None. Instead, a 'small accounts certification' is available where the taxpayer believes the depreciated value of its property is $1,000 or less; electing it sets the assessment at $300 rather than exempting the property.

Leased equipment: The lessee (party in possession) carries the filing obligation.

A separate schedule is filed for each business location, in the county where the property is located. Taxpayers whose property is entirely assessable by the Comptroller (public utilities and similar centrally assessed companies) are excluded from the county schedule. Critically, the assessor's failure to mail the schedule and the taxpayer's failure to receive it do not excuse the March 1 filing and do not prevent a forced assessment.

File with: County appraisal district

Deadline: April 15

Form 50-144

Exemption: $125,000 of appraised value of income-producing tangible personal property, per taxing unit

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Form 50-144 is explicit: 'File this form and all supporting documentation with the appraisal district office in the county in which the property is taxable. Do not file this document with the Texas Comptroller of Public Accounts.' The Comptroller prescribes the form but never receives it. A separate rendition goes to each appraisal district in which the owner has taxable property, and where a person is required to render at all, § 22.01(j-2) requires them to render ALL income-producing tangible personal property they own with taxable situs in that district — not just the property that exceeded the threshold.

File with: County assessor

Deadline: May 15

Signed Statement of Personal Property(no statewide form — each locality issues its own)

Exemption: $30,100 (2026) or less of total aggregate fair market value of taxable tangible personal property per taxpayer within a single county — must be applied for. Separately, an item owned by a business that is not critical to the business and whose acquisition cost is less than $500 is exempt.

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Each of Utah's 29 county assessors administers the signed statement; Publication 20 lists a named contact for each county. The State Tax Commission's Property Tax Division does not receive the statement but does audit personal property accounts statewide, and selects audits partly on the basis of failure to file the annual signed statement. A business with property in more than one county deals with each county separately — the $30,100 exemption is per taxpayer per county.

File with: Town or city listers / assessor

Deadline: April 20

Inventory (return of taxable property to the listers)(no statewide form — each locality issues its own)

Exemption: No statewide dollar threshold. The relevant relief is structural: a municipality may vote by majority of those present and voting to exempt business personal property in whole or in part, and may phase the exemption in over a period not to exceed 10 years until 100 percent is exempt (§ 3849); a parallel local option covers inventory (§ 3848). 32 V.S.A. § 3802(8) exempts, among other things, a farmer's tractors and other machinery not used for hire or contract purposes and a mechanic's or farmer's tools and implements.

Leased equipment: Not verified for this state. Do not assume; confirm before filing.

Vermont has no county assessment function. Whether business personal property is taxed at all is a town-by-town question decided by town meeting vote, so the first thing a filer must establish is whether the specific town taxes it — and if it does, whether the town has adopted a phased exemption that is partway through a schedule of up to ten years. A filer who assumes a uniform Vermont answer will be wrong in most towns and right in some.

File with: Commissioner of the Revenue (or equivalent local assessing officer) of each county, city and town

Deadline: Set locally — confirm with the Commissioner of the Revenue (or equivalent local assessing officer) of each county, city and town.

Return of Business Tangible Personal Property (name varies by locality — e.g. 'Business Return of Tangible Personal Property, Machinery and Tools', 'Return of Business Tangible Personal Property', 'Business Equipment' filing)(no statewide form — each locality issues its own)

Exemption: No statewide threshold. Va. Code § 58.1-3518 permits the commissioner of the revenue to waive the requirement of a return for property that lacks sufficient value to generate tax; any dollar floor is a local matter.

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Virginia's independent cities are not part of any county, so a business inside an independent city files ONLY with that city and a business in a county files with the county — there is no stacking and no county return for a city location. Fairfax County and the City of Fairfax are separate taxing jurisdictions with separate commissioners of the revenue and separate returns, and the City of Fairfax sits geographically within Fairfax County; filing with one does not satisfy the other. Incorporated towns may levy their own business tangible personal property tax in addition to the surrounding county's, producing two returns for one location. Va. Code § 58.1-3518 fixes the default return date at May 1 'except as otherwise provided by ordinance authorized by § 58.1-3916,' and § 58.1-3916 lets every county, city and town set its own filing dates, payment dates, installment structure, penalties and interest by ordinance. The practical consequence: there is no such thing as 'the Virginia deadline.'

File with: County assessor

Deadline: April 30

Personal Property Tax Listing Form(no statewide form — each locality issues its own)

Exemption: Personal property accounts with an assessed value of less than $500 are exempt (RCW 84.36.015), but a taxpayer who qualifies for the $15,000 head-of-family exemption does not also get the under-$500 exemption. Separately, RCW 84.36.110 exempts $15,000 of true and fair value for each head of a family who is the actual and bona fide owner of the property; this does not extend to corporations and does not apply to a private motor vehicle or mobile home.

Leased equipment: Varies — both sides may have a duty. Read the note before assuming.

A separate listing is required for EACH business location, and the listing must identify all taxable property located in that county as of noon on January 1. Filing responsibility does not depend on receiving a form: 'you are responsible for filing a personal property listing each year that you have taxable property even if you do not receive the form by mail.' The tax follows the January 1 owner even if the business closes or the property is sold mid-year, and the lien follows the property — a buyer can be held liable if the seller did not pay.

File with: County assessor

Deadline: September 1

Form STC 12:32C

Exemption: None found. A special valuation rather than an exemption exists: under W. Va. Code ch. 11, art. 6J the value of servers and tangible personal property directly used in a high-technology field or an Internet advertising business is its salvage value, provided that activity is the company's primary — not secondary or incidental — business activity ('high-technology business' and 'Internet advertising business' are defined in W. Va. Code § 11-15-9h).

Leased equipment: The lessor (equipment owner) carries the filing obligation.

The split that catches filers is commercial versus industrial. The commercial return (STC 12:32C) goes to the county assessor and is due September 1. Industrial business property does NOT use that form — the return itself says 'IF YOU ARE THE OWNER OF INDUSTRIAL BUSINESS PROPERTY YOU NEED NOT COMPLETE THIS FORM. CONTACT THE PROPERTY TAX DIVISION OF THE DEPARTMENT OF TAX AND REVENUE CONCERNING FORM STC 12:32I FOR INDUSTRIAL PROPERTY' — and the WV Tax Division's due-date page puts the 'Annual return of owners of industrial property' at August 1, a month earlier. Public utilities, railroads, telegraph and express companies, telephone companies, pipeline and car line companies are excluded from the commercial return entirely. Separately, anyone holding personal property they do not own — as executor, administrator, guardian, committee, trustee, receiver, bailee, agent, attorney or in any representative or fiduciary capacity — must file a separate report with the assessor.

File with: County assessor

Deadline: March 1

Form ATD25

Exemption: $75,000 — 'The first seventy-five thousand dollars ($75,000.00) in fair market value of business property owned by a person in each county shall be exempt from taxation. As used in this paragraph, "business property" means taxable personal property excluding any property that is exempt under W.S. 39-11-105(a)(xi) as personal property held for personal or family use.' Separately and independently, inventories are exempt (W.S. 39-11-105(a)(xii)), as are vehicles subject to registration (xiii), livestock (xxxi), property in transit (xvii) and intangible personal property (xxix).

Leased equipment: The lessor (equipment owner) carries the filing obligation.

Wyoming has 23 county assessors, supported by the Department of Revenue Property Tax Division's Appraisal Services Group. The Property Tax Division states: 'By March 1st of every year all agricultural, business and industrial personal property shall be reported to the County Assessor in which the property is located.' Property brought, driven or coming into Wyoming, or acquired, after March 1 is subject to tax only for the proportionate part of the year remaining, computed to the closest full month. Oil and gas drilling rig equipment uses a separate declaration (ATD39) and its own statutory hooks.