Tangible Personal Property Taxes

Tangible personal property tax, often referred to simply as tangible tax, is an ad valorem tax based on the following 3 categories of property:

  • Businesses – furnishings, fixtures, signs, supplies, and equipment used in the operation of a business.
  • Mobile Home Attachments (when the land is rented) – all attachments and additions such as carport, utility shed, Florida room and screened porch.
  • Rental Furnishings – furnishings and appliances provided in a rental unit.

Except for mobile home attachments, personal property is typically assessed on the basis of a tangible tax return supplied by the property owner.

The tangible return is filed with the Property Appraiser’s Office between January 1 and April 1 of each year. Failure to file or late filing of a return is subject to penalties.