Personal Property Tax


Also found in: Acronyms.

Personal Property Tax

An annual tax imposed on certain personal property, such as cars or boats, and based on the value of the property.
Mentioned in ?
References in periodicals archive ?
When annual real estate and personal property tax collections are examined on a per capita basis, the data show that the City of New Orleans is collecting more property tax-based revenue from a smaller population base.
A bill was prepared by Representative John Dougall, HJR 18 Joint Resolution on Personal Property Tax, in an attempt to make that amendment.
Multilocation businesses like retail, grocery, restaurant, lodging, and financial institutions are often at a disadvantage when it comes to reducing their personal property tax obligations.
Maryland heavy construction rental fleets have been subject to personal property tax and the payment of sales tax on each rental transaction.
Taxpayers must file the Michigan personal property tax statements by the due date of February 20 of each year to be eligible to receive the credit, and the payment must have been made for taxes assessed after December 31, 2007.
Thus it came to pass that the personal property tax on the automobile (motorcycles and light trucks are included) was transformed into an excise tax.
Therefore, it is common to maintain a separate depreciation schedule for personal property tax purposes.
Republican Bill Owens' election as governor could herald a change in one of Colorado business's most loathed taxes, the business personal property tax.
I commend the city of Lancaster for its position supporting the elimination of this unnecessary personal property tax while protecting the funding for our sheriffs.
Limited financial flexibility is expected to continue in the near term, resulting from decreased revenues from the phase-out of tangible personal property tax and the recent failure to pass a ballot initiative to raise recurring revenues.
Tenders are invited for Audit Services - Personal Property Tax Assessment
WEST BOYLSTON -- The Treasurer/Collector's office reminds residents that the third-quarter real estate and personal property tax bills are due by 4:30 p.

Full browser ?