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Instructions for the Electronic submission of the 2022 Business Property Statement (Form 571L) for Equipment Leasing/Vending Companies and Financial Institutions. The Assessor is required to annually

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How to fill out business property statement filing

01

Obtain the necessary business property statement form from the appropriate government agency or website.

02

Fill out the form completely and accurately, providing detailed information about your business property.

03

Include the assessed value of each item of business property as of the lien date.

04

Sign and date the form, certifying that the information provided is true and correct.

05

Submit the completed business property statement filing by the specified deadline to avoid any penalties or fines.

Who needs business property statement filing?

01

Business owners who own tangible personal property used in their business need to file a business property statement.

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What is business property statement filing?

Business property statement filing is a declaration of all taxable business personal property owned or leased by a business and is used by local governments to assess property taxes.

Who is required to file business property statement filing?

Businesses that own or lease business personal property are required to file business property statement filing.

How to fill out business property statement filing?

Business property statement filing can be filled out by providing detailed information about all taxable business personal property owned or leased by the business.

What is the purpose of business property statement filing?

The purpose of business property statement filing is to assist local governments in assessing property taxes on taxable business personal property.

What information must be reported on business property statement filing?

Information such as a detailed list of all taxable business personal property, their original cost, acquisition date, and other relevant details must be reported on business property statement filing.

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