This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".
Personal Property Document With Example In Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00123
Format:
Word;
Rich Text
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FAQ
Qualifications. At least one owner is 65 years of age or older on January 1. The residence must also receive homestead exemption.
Florida Statute defines TPP as “all goods, chattels, and other articles of value (but does not include vehicular items) capable of manual possession and whose chief value is intrinsic to the article itself.”
Every new business owning tangible personal property on January 1 must file an initial tax return. In any year the assessed value of your tangible personal property exceeds $25,000, you are required to file a return. Taxpayers who lease, lend or rent property must also file a return.
Tangible personal property can be subject to ad valorem taxes, meaning the amount of tax payable depends on each item's fair market value. In most states, a business that owned tangible property on January 1 must file a tax return form with the property appraisal office no later than April 1 in the same year.
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 •
Types of Exemptions Government Agency Loans, Industrial Loans, and Aircraft Liens: Certain types of mortgage transactions are exempt from the intangible tax. This includes loans provided by government agencies, mortgages associated with industrial purposes, and those secured by a lien on aircraft.
The millage, or rate of taxation, is set by the Board of County Commissioners, School Board, City Council and governing bodies of other independent special taxing districts and authorities. The millage is set by calculating a rate per $1,000 valuation that will produce their budget needs from ad valorem taxes.
Personal Property Personal belongings such as clothing and jewelry. Household items such as furniture, some appliances, and artwork. Vehicles such as cars, trucks, and boats. Bank accounts and investments such as stocks, bonds, and insurance policies.
Tangible personal property (TPP) is all goods, property other than real. estate, and other ar�cles of value that the owner can physically possess and that have intrinsic value. Inventory, household goods, and some vehicular items are excluded (see sec�on 192.001(11)(d), Florida Statutes (F.S.)).
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You must fill out and submit this form with each new action. Complete and submit the pre-printed form that was mailed to all businesses that listed property for 2025.North Carolina Department of Revenue Fill-In Form. Thirteenth Judicial Circuit - Forms List. Please select the category below to expand and view general forms for those division. An example of this form is attached to this information package. All questions must be answered. You may contact the Property Appraiser's office at or visit their website at hcpafl. Org to complete the online address change form. The Assessor's Office mails declarations in September to all known owners of taxable personal property.