Get Business Tangible Personal Property Return - Kosciusko County

Background. Tangible personal property includes items such as vehicles, antiques, silver, artwork, collectibles, furniture, machinery, and equipment.

Tangible Assets Land. Vehicles. Equipment. Machinery. Furniture. Inventory. Securities like stocks, bonds, and cash.

Tangible personal property includes equipment, supplies, and any other property (including information technology systems) other than that is defined as an intangible property. It does not include copyrights, patents, and other intellectual property that is generated or developed (rather than acquired) under an award.

Personal property can be characterized as either tangible or intangible. Examples of tangible personal property include vehicles, furniture, boats, and collectibles. Stocks, bonds, and bank accounts fall under intangible personal property.

KOSCIUSKO COUNTY TAX BILLS Property taxes in Kosciusko County will be due May 10, 2022 and November 10, 2022. Payments may be made in person at the Treasurer's Office located in the Courthouse at 100 W Center Street, 2nd Floor Warsaw, In 46580.

Tangible personal property is mainly a tax term which is used to describe personal property that can be felt or touched, and can be physically relocated. For example: cars, furniture, jewelry, household goods and appliances, business equipment.

Personal property can be divided into a few different categories—notably tangible and intangible personal property. Tangible personal property is anything that can be held and has definitive value while intangible personal property is anything that doesn't have any obvious value and can't be touched.

The California Constitution states in part that, "Unless otherwise provided by this Constitution or the laws of the US, (a) All property is taxable". That is, unless otherwise exempted, all forms of tangible property are taxable in California and the Assessor is required to assess business personal property.