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COUNTY OF HANOVER, VIRGINIA BUSINESS RETURN OF TANGIBLE PERSONAL PROPERTY TAX YEAR 2008 T. Scott Harris, MCR Commissioner Office of the Commissioner of the Revenue P.O. Box 488, Hanover, VA 23069-0488
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What is business return of tangible?
Business return of tangible refers to a tax return that must be filed by businesses to report their tangible assets, such as equipment, machinery, and property.
Who is required to file business return of tangible?
Any business that owns or leases tangible assets must file a business return of tangible.
How to fill out business return of tangible?
To fill out a business return of tangible, you need to gather information about your tangible assets, including their value, acquisition date, and any depreciation claimed. This information is then used to complete the required forms or tax software.
What is the purpose of business return of tangible?
The purpose of the business return of tangible is to report the existence, value, and other relevant information of tangible assets owned or leased by a business. This helps ensure accurate tax assessment and compliance.
What information must be reported on business return of tangible?
The business return of tangible typically requires information such as asset description, acquisition cost, depreciation claimed, current value, and any other relevant details about tangible assets.
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