The Personal Property Division information page of the SDAT Web site contains links to forms and instructions, brochures, exemptions, tax rate charts and more. To apply for an exemption certificate, complete the Maryland SUTEC Application form.Gains from the sale, exchange or other disposition of any kind of property are taxable under the Pennsylvania personal income tax (PA PIT) law. Allocate gain (loss) on the sale, exchange or disposition of real or tangible personal property within Pennsylvania. Tangible personal property tax exemptions for small businesses is a highly economical way of reducing taxpayer compliance burdens. Business Personal Property Tax is a tax assessed on tangible personal property businesses own. (1) Sales of tangible personal property or rendition of services for resale.