What forms must be filed? In lieu of receipts, certificates or other evidence you may complete and execute the Affidavit on page 7 and complete the Personal Property Affidavit on page 8.Upon determining the type of business entity you would like to form, our office can assist you in the filing process. The form 945 new taxpayer return is to be filed with the tax commissioner, again within 90 days of first engaging in business in Ohio. Tangible personal property tax exemptions for small businesses is a highly economical way of reducing taxpayer compliance burdens. Business Personal Property tax is an ad valorem tax on the tangible personal property that is used for the production of income. The tangible personal property tax return includes instructions to assist taxpayers in preparing Revenue Forms 62A500, 62A500-A,. The tangible personal property tax has been phased out for general business filers. Taxpayer—All individuals and business entities who own, lease or have a beneficial interest in taxable tangible property located within. Yes, Information contained in a rendition cannot be disclosed to third parties except in very limited circumstances.