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  • Eligible Manufacturing Personal Property Statement Form 5278 - Springlaketwp

Get Eligible Manufacturing Personal Property Statement Form 5278 - Springlaketwp

Reset Form Michigan Department of Treasury 5278 (0915) Parcel Number 2016 Affidavit and Statement for Eligible Manufacturing Personal Property and Essential Services Assessment Issued under the authority.

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How to fill out the Eligible Manufacturing Personal Property Statement Form 5278 - Springlaketwp online

This guide provides comprehensive instructions for filling out the Eligible Manufacturing Personal Property Statement Form 5278. Whether you are new to online filing or looking for clarification, this step-by-step approach will help you complete the form accurately and effectively.

Follow the steps to successfully complete your application online.

  1. Click ‘Get Form’ button to access the Eligible Manufacturing Personal Property Statement Form 5278.
  2. Start by entering your parcel number at the top of the form. This is necessary for identifying the specific property you are claiming.
  3. In the affidavit section, fill in the location, taxpayer information, and contact details. Ensure all fields are completed fully to avoid denial of your claim.
  4. Provide the date your business began at this location and select the correct business type from the options available. Include any assumed names if applicable.
  5. Complete the certification section by checking each statement and ensuring your signature, printed name, date and title are included.
  6. Move to Part 2 of the form to address the Ad Valorem Personal Property Statement. Answer each yes/no question accurately and report the total original cost if applicable.
  7. Continue completing Section A through O as indicated, ensuring to report all assessable properties and their respective costs accurately.
  8. Finally, review all provided information to ensure accuracy. Save changes, then download the form for your records, or print it directly from the application.

Start filling out your Eligible Manufacturing Personal Property Statement Form 5278 online today to ensure a smooth application process.

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Overview of Michigan Taxes Michigan has some of the highest property tax rates in the country. The Great Lake State's average effective property tax rate is 1.32%, well above the national average of 0.99%. Not in Michigan?

The motor vehicle commissioner determines a vehicle's value based on the manufacturer's list price for a vehicle's model, make, and year. The 2.5% tax rate is applied to that portion of the value (i.e., base value) specified by a statutory schedule.

The Essential Services Assessment (ESA) Division administers a special tax on manufacturing related personal property exempt from property taxes at the local level. ESA is unrelated to sales and use tax. Please contact them at 517-636-6925.

Property taxes are levied on two types of property in the State of Michigan: "real property" (land and buildings) and "personal property" (machines, equipment, furniture, fixtures, and signs used by businesses).

1. New Jersey Average effective property tax: 2.21% 2022 average home value: $470,981. Average annual property tax paid: $10,409.

Eligible Manufacturing Personal Property (EMPP) means all personal property located on occupied real property if that personal property is predominantly used in industrial processing or direct integrated support.

High inflation contributed to a rise in property tax values for 2022, too. The inflation rate multiplier for 2022's property taxes in Michigan hit 3.3% — the highest it had been in several years. The multiplier had peaked at 4.4% in 2009.

Claiming Exemptions Personal property used by businesses has been subject to taxation in Michigan.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
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
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
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 WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
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