Tangible personal property is the only type of personalty subject to local property taxation in Massachusetts. • Property location;.Personal property is assets, goods and material objects used in the conduct of a business and is assessed separately from real estate. Business Personal Property Tax (BPP) is a tax on the furniture, fixtures, and equipment that are owned and used in a business. All tangible property is subject to a personal property tax unless it's specifically exempted. Tangible property that faces another local tax is exempt. All owners of tangible personal property must complete and file annually a Form-of-List with the assessor in the city in which the property is located. Taxpayer—All individuals and business entities who own, lease or have a beneficial interest in taxable tangible property located within. MyDORWAY two-step verification: ​We're aware that some MyDORWAY users may not be receiving two-step verification code text messages. People who own property out of state pay property taxes in those states.
