NOTE: You must use Form 103 – Long if: a. You are a manufacturer or processor; b.Tangible personal property tax is an ad valorem assessment against the furniture, fixtures, and equipment located in a business. Complete a business personal-property tax form (if necessary). Businesses are taxed on "personal" property, just like individuals. The Business Property Division is responsible for the accurate assessment of all tangible property or machinery employed in a business or trade. Tangible Personal Property Taxes can be paid online. Visit our Payment Options page to view delinquent tax payment options. The form takes minutes to fill out. Click here to learn about our teams, our projects and how we're transforming how we work through innovation and technology!