What property is taxable?
In general, corporations are taxed on all machinery based on its depreciated value from replacement cost new (RCNLD). Non-corporations are taxed on all business personal property including inventory and furniture and fixtures. There are many personal property tax exemptions, which are usually based on ownership, type of property, and/or use of property.

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1. What is personal property?
2. Who must pay this tax?
3. What property is taxable?
4. What is a Form of List?
5. Who must file a return?
6. When and where must my return be filed?
7. Can I get an extension of the filing deadline?
8. What is the penalty for failure to file or filing late?
9. What is the return used for and who has access to it?
10. Who is eligible for an abatement?
11. What property is exempt?