Pay property taxes on time. Property Tax Statements are mailed out in October, and are due upon receipt.Business Personal Property Tax. Tangible business personal property is taxable in the Collin County appraisal district. PDF form to file business personal property Freeport Goods. All income producing tangible personal property is taxable for county appraisal district purposes. Taxable personal property includes equipment and inventory. The Tax Collector's office is responsible for the billing and collection of Town and Fire District taxes and all related penalties. Business Personal Property owner on behalf of an affiliated entity of the owner? Nontangibles such as goodwill, accounts receivable, and propriatary processes are not taxable for county appraisal district purposes.