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VC405 R.11/11 Parcel #: Alt Key #: Mill Code: District: State of Florida County of Volusia Tangible Personal Property Tax Return CONFIDENTIAL 193.074, F.S. As Required by 193.052, F.S. & 193.062,.

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Section 193.052, Florida Statues, requires that a tangible personal property tax return shall be filed. After the initial year of filing, if the assessed value on the return is greater than $25,000, a return should be filed.

Tangible personal property is everything used in a business other than inventory and items of real estate. Known also as business personal property, it includes machinery, equipment, furniture, fixtures, signs, window air conditioners, supplies, leased equipment, and furnishings in rental units.

Seven states (Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma, Texas, and West Virginia) still tax most inventory. In Alaska, Maryland, Vermont, and Virginia, inventory is taxed by some local jurisdictions. In Massachusetts, inventory of a sole proprietorship and some LLCs has not been exempted from the TPP tax.

Tangible personal property (TPP) comprises property that can be moved or touched, and commonly includes items such as business equipment, furniture, and automobiles. This is contrasted with intangible personal property, which includes stocks, bonds, and intellectual property like copyrights and patents.

Tangible personal property is a tax term describing personal property that can be physically relocated, such as furniture and office equipment.

Tangible Personal Property is everything, other than real estate, that you use to operate your business. It includes furniture, fixtures, computers, tools, machinery, signs, equipment, leasehold improvements, supplies, leased equipment and any other equipment used in a business or to earn an income.

Personal property includes vehicles, farm equipment, jewelry, household goods, stocks, and bonds. Personal property is divided into "tangible" and "intangible" forms. Tangible personal property is just that: it has a physical form. ... These include assets such as patents, trademarks, stocks, and bonds.

Personal property includes possessions. To be considered personal property the possessions must be moveable and owned by someone. Personal property can also include tangible and intangible items. Tangible items are anything that can be touched.

Florida Tangible Personal Property TaxTangible Personal Property Tax is an ad valorem tax assessed against the furniture, fixtures and equipment located in businesses and rental property. ... This tax is in addition to your annual Real Estate or Property Tax. The return is due by April 1st.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232