The Department of Taxation recently has reviewed the county auditor bulletins that classify assets as either real property or personal property. If tangible personal property is physically located at both Ohio locations, an intercounty return form 945 must be filed.Business Personal Property Tax is a tax assessed on tangible personal property businesses own. A personal property rendition is a report that lists all business assets (personal property) that are subject to personal property tax. Ohio also has no inventory tax, no business personal property tax, and no business franchise tax. Corporate Taxpayer failed to provide corporate charter number. Completing page 1 entirely provides all information necessary to properly complete the returns. Examples of personal property include vehicles, merchandise, furniture, tools, clothing, and oil. Please note that the tangible personal property tax has been phased out for general business filers. This tax was on the tangible personal property in business for profit, gain or income, for example, machinery, furniture, fixtures or supplies.
