All intangible personal property is exempt from local property taxation in. Massachusetts. Do cities and towns in Massachusetts assess a personal property tax?All intangible personal property is exempt from local property taxation in. Massachusetts. 2. What personal property is subject to local taxation? All taxable personal estate within or without the commonwealth shall be assessed to the owner in the town where he is an inhabitant on January first. Each year, prior to March 1, all persons subject to taxation in a city or town must submit a list of all their personal property, which is not exempt from. You don't need to put down the value of your personal property. Learn how to fill out a Financial Statement Form, which you need for many types of cases in Massachusetts Probate and Family Court. Not know that the property tax also applies to personal property. The board of assessors may extend the filing deadline if you can show sufficient reason for not filing on time.
