General Financial Information (attach extra sheets as needed for each section) a. GENERAL INSTRUCTIONS: Complete Form 762, reporting property which you owned on January 1, 2021.The report must be executed with original signature(s). In completing the form, please follow the instructions below: 1. The Commissioner of the Revenue is responsible for the assessment of all personal property with taxable status in Virginia Beach. The City of Newport News charges a tax on tangible personal property used in a business or to earn income within the City. This form is filed in conjunction with an application for a mortgage loan originator license pursuant to Chapter 16.1, Title 6.1 of the Code of Virginia. To request a copy of the depreciation schedule please call (804) 501-4310. What is the deadline for filing a business personal property tax return? If the property is owned or recorded in a name other than your name or the name of your immediate family member, list that name.