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City of New London Assessors Office P.O. Box 92 New London, CT 063200092New London, Connecticut 2021 Declaration of Personal Property Filing Requirement This declaration must be filed with the Assessor

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How to fill out personal property taxation liability

01

Gather all necessary documentation such as receipts, invoices, and asset inventory.

02

Determine the value of each item by referring to purchase or appraised value.

03

Complete the personal property tax forms provided by your local tax assessor's office.

04

Submit the forms along with any supporting documentation by the deadline specified.

Who needs personal property taxation liability?

01

Individuals or businesses who own personal property such as vehicles, equipment, or inventory are required to fill out personal property taxation liability.

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What is personal property taxation liability?

Personal property taxation liability refers to the responsibility of individuals or businesses to pay taxes on certain tangible assets they own, such as vehicles, equipment, and inventory.

Who is required to file personal property taxation liability?

Individuals and businesses who own taxable personal property are required to file personal property taxation liability.

How to fill out personal property taxation liability?

To fill out personal property taxation liability, individuals and businesses must provide information about their taxable personal property, including descriptions, values, and any applicable exemptions.

What is the purpose of personal property taxation liability?

The purpose of personal property taxation liability is to generate revenue for local governments based on the value of taxable personal property owned within their jurisdiction.

What information must be reported on personal property taxation liability?

Information that must be reported on personal property taxation liability typically includes a description of the property, its value, and any exemptions that may apply.

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