The Personal Property Division information page of the SDAT Web site contains links to forms and instructions, brochures, exemptions, tax rate charts and more. The Form 1 Business Entity Annual Report and Personal Property Return must be typed using the fillable form, or submitted online at BusinessExpress.An organization may use its exemption certificate to purchase tangible personal property that will be used in carrying on its work. What is sales and use tax? Sales tax is a state tax on the purchase of most tangible personal property and on some services in Maryland. Tangible personal property tax exemptions for small businesses is a highly economical way of reducing taxpayer compliance burdens. All Arlington County businesses must file a Business Tangible Personal Property Return each year on or before May 1.