This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.
This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.
Certain properties, or portions of properties, are exempt from taxation under the California Constitution. The most common types are homeowner, disabled veterans, welfare, charitable, and institutional exemptions.
Recent Trends in Tangible Personal Property Taxation State2006 Personal Property2017 Personal Property California 4.11% 5.20% Colorado 12.06% 6.90% Connecticut 6.09% 13.28% Florida 7.43% 7.00%29 more rows •
Business Personal Property Tax is a tax assessed on tangible personal property businesses own. This type of property includes equipment, furniture, computers, machinery, and inventory, among other items not permanently attached to a building or land.
An annual filing of a Business Property Statement is a requirement of section 441(d) of the California Revenue and Taxation Code.
Under Article XIII, Section I of the California Constitution, all property is taxable unless it is exempt. Each year Personal Property is reassessed as of lien date, January 1st.
Personal Property - Any property other than real estate. The distinguishing factor between personal property and real property is that personal property is movable and not fixed permanently to one location, such as land or buildings.
The California Constitution provides a $7,000 reduction in the taxable value for a qualifying owner-occupied home. The home must have been the principal place of residence of the owner on the lien date, January 1st.
You can print a duplicate tax bill from this web site, or call (909) 387-8308 and speak to one of our tax specialists.
Eligibility Requirements: Homeowners must be age 55 or better (For married couples, only one spouse must be 55 or better to qualify.) Homeowners must have sold their former residence within 2 years of purchasing the replacement property. Both the former and replacement properties must be the owner's primary residence.