Personal property is reported on the Business Property. Statement (DOR Form 82520) for commercial business property or the Agricultural Business Property.The Notice of Valuation includes the property's Full Cash Value (FCV), Limited Property Value (LPV), and Property Classification of the property. In short Business Personal Property can be defined as assets used to operate a business, farm or ranch. Arizona Revised Statutes § 42-17151 provides Pima County Community College District (PCC) with the authority to levy taxes on property in Pima County. Land, residential, commercial, etc.). Property tax rates in Pima County are the second highest of any county in Arizona. (See "Walkin Coolers or Freezers" in the "Special Properties" section of the Business Personal Property Manual .) RENTAL EQUIPMENT. All businesses are required to file annually a Declaration of Personal Property that lists the assets' original cost. All peddler activities must be located on commercial or industrial zoned property.

Personal Property Vs Business Property In Pima

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