This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".
Personal Property Form Inland Marine In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00123
Format:
Word;
Rich Text
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FAQ
Vessel use tax is based on the situs (location) county or on the registered owner's residence county, if no situs is shown. The minimum use tax in California is 8.25 percent. Those counties and cities which assess a greater or lesser tax percentage are shown in the use tax tables in Appendix 1A.
Deductible personal property taxes are those based only on the value of personal property such as a boat or car. The tax must be charged to you on a yearly basis, even if it's collected more than once a year or less than once a year.
2026 REQUEST FOR VALUE REVIEW (PROP 8) California State Revenue and Taxation Code, Section 51 authorizes the Assessor to temporarily lower the assessed value of any real property when it is greater than the market value as of January 1, lien date.
Machinery, equipment, tools, furniture, fixtures, and leasehold improvements held or used in connection with a trade or business are taxable. In addition, most boats, aircraft and mobile homes are also taxable. Supplies on hand, demonstration equipment, and construction in-progress are also assessable.
Personal property includes: Machinery and equipment. Furniture. Stocks and Bonds: If personal property is sold by a bona fide resident of a relevant possession such as Puerto Rico, the gain (or loss) from the sale is treated as sourced with that possession.
Personal-use property is not purchased with the primary intent of making a profit, nor do you use it for business or rental purposes.
Classifications Intangible. Tangible. Other distinctions.
The formula involves multiplying the assessed value by the Contra Costa County property tax rate, which includes the base rate of 1% plus any voter-approved local assessments and bonds. The actual property tax rate ends up being around 1.3% of a home's assessed value.
Personal property is distinguished from real property in that it is usually movable and not permanently affixed as are land, buildings, and vines.
Recent Trends in Tangible Personal Property Taxation State2006 Personal Property2017 Personal Property California 4.11% 5.20% Colorado 12.06% 6.90% Connecticut 6.09% 13.28% Florida 7.43% 7.00%29 more rows •
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Access forms available from the Assessor's office, including benefits, business personal property, change in ownership, and other general forms. To set up a new business account to file your Business Property Statement, please call for more information.Personal inland marine insurance (also called scheduled personal property) can provide coverage for your personal property, whether or not it is transported. Personal inland marine coverage eliminates many issues on the homeowner policy forms (and endorsements). However, there are still a couple of issues to note. Alameda, Contra Costa, Marin, San Francisco, San Mateo, Santa Clara, Sonoma. Contra Costa County. Approved Course List: State-Sponsored Course Catalog (STR-12-27782). Cooperate with us in the investigation or settlement of the claim. 11. At our request, give us complete inventories of the damaged and undamaged property.