Available in All Arizona Counties
Taxscribe transforms tax management for business owners and CPAs in Arizona, streamlining the shift from paper forms to efficient online filing. Offering advanced user management, easy data import, intuitive form completion, smooth submission processes, and comprehensive analytics, Taxscribe makes tax filing easier. It ensures businesses of every scale effortlessly navigate Arizona’s tax compliance requirements.
Available Forms:
- - Business Property Statement 82520
What is Business Personal Property?
In Arizona, business personal property is generally defined as all types of property except real estate property. Business personal property is personal property used in a business for commercial, industrial, residential, and agricultural purposes. It also includes certain improvements on possessory rights and certain leasehold improvements.
In Arizona, business personal property is generally defined as all types of property except real estate property. Business personal property is personal property used in a business for commercial, industrial, residential, and agricultural purposes. It also includes certain improvements on possessory rights and certain leasehold improvements.
Who should file a Business Personal Property Tax Return?
All owners of personal property must file a Business Personal Property Statement.
All owners of personal property must file a Business Personal Property Statement.
When you should file:
The due date for filing a Business Personal Property Statement is April 1st.
The due date for filing a Business Personal Property Statement is April 1st.
Exemptions:
The business personal property tax exemption dollar amount is increased annually. The exemption is applied against the full cash value of business personal property in Class One, Subclasses (8), (9), (10), (11), and (13); and Class Two, Subclass (P) (a) and (b).
The business personal property tax exemption dollar amount is increased annually. The exemption is applied against the full cash value of business personal property in Class One, Subclasses (8), (9), (10), (11), and (13); and Class Two, Subclass (P) (a) and (b).
Extensions:
Contact your local county assessor to inquire about their specific extension procedures and requirements.
Contact your local county assessor to inquire about their specific extension procedures and requirements.
Important Notes:
- Failure to file a timely and accurate return may result in penalties.
- If you haven’t received a form, it is still your responsibility to contact the Assessor’s office to obtain one and report your personal property.
- If you have no assets to report, you should still complete the return form and provide an explanation.
- Any questions regarding business personal property tax should be directed to your local assessor.
- Failure to file a timely and accurate return may result in penalties.
- If you haven’t received a form, it is still your responsibility to contact the Assessor’s office to obtain one and report your personal property.
- If you have no assets to report, you should still complete the return form and provide an explanation.
- Any questions regarding business personal property tax should be directed to your local assessor.
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