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A p p r o v an l for Transfer & Exercise of C o m m o n C an r i e r or Contract Rights (Revised 2/11)A P P L I C A T I O N FOR A P P R O V A L OF T R A N S F E R AND E × E R C I S E OF C O M M O
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What is a p p r?
A Personal Property Return (P P R) is a form used to declare personal property assets for tax purposes.
Who is required to file a p p r?
Individuals who own personal property assets above a certain value threshold are required to file a P P R.
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To fill out a P P R, you will need to list all personal property assets you own along with their corresponding values.
What is the purpose of a p p r?
The purpose of a P P R is to enable taxing authorities to assess personal property taxes based on the reported assets.
What information must be reported on a p p r?
On a P P R, you must report details of all personal property assets owned including their descriptions, values, and locations.
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