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ASP1 stands for Annual Statement of Personal Property.
Individuals or businesses who own tangible personal property that exceeds a certain value are required to file ASP1.
ASP1 can be filled out online or submitted through mail following the guidelines provided by the tax authorities.
The purpose of ASP1 is to assess personal property taxes based on the value of the tangible assets owned by individuals or businesses.
ASP1 typically requires information such as a detailed list of tangible assets owned, their value, and any relevant depreciation.
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