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.
Business Tangible Personal Property Form With Two Points In Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00167
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Tangible personal property (TPP) is everything other than real estate that is used in a business or rental property. Examples of tangible personal property are computers, furniture, tools, machinery, signs, equipment, leasehold improvements, supplies, and leased equipment.
Examples of tangible personal property include items such as furniture, tools, hot food products, toys, antiques, clothing, etc.
Tangible Personal Property includes all furniture, fixtures, tools, machinery, equipment, signs, leasehold improvements, leased equipment, supplies and any other equipment that may be used as part of the ordinary course of business or included inside a rental property.
Tangible property is personal property that can be physically handled, such as clothes, jewelry, furniture, etc.
(1) “Tangible personal property” means articles of personal or household use or ornament, including, but not limited to, furniture, furnishings, automobiles, boats, and jewelry, as well as precious metals in any tangible form, such as bullion or coins and articles held for investment purposes.
6016. "Tangible personal property." "Tangible personal property" means personal property which may be seen, weighed, measured, felt, or touched, or which is in any other manner perceptible to the senses.
“Tangible personal property” exists physically (i.e., you can touch it) and can be used or consumed. Clothing, vehicles, jewelry, and business equipment are examples of tangible personal property.
Tangible personal property is personal property that can be felt or touched and physically relocated. Examples include office equipment, livestock, jewelry, toys, light trucks, and buses.
Clothing, vehicles, jewelry, and business equipment are examples of tangible personal property. Retailers' occupation and use taxes apply when tangible personal property is sold at retail to be used or consumed in Illinois.
