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BUSINESS TANGIBLE PERSONAL PROPERTY ASSESSMENT RETURNER 103LONGJANUARY 1, 2023 For Assessor\'s Use OnlyPRIVACY NOTICE This form contains confidential information pursuant to IC 61.1359. State Form

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How to fill out business tangible personal property

01

Gather all necessary documentation related to the business tangible personal property.

02

Complete the appropriate forms provided by the relevant taxing authority.

03

Ensure accurate reporting of all assets owned by the business.

04

Submit the filled-out forms to the designated office before the deadline.

Who needs business tangible personal property?

01

Business owners who own tangible assets used in their business operations.

02

Individuals or entities required by law to report and pay taxes on tangible personal property.

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What is business tangible personal property?

Business tangible personal property includes physical assets used in a business that can be touched or seen, such as equipment, machinery, furniture, and supplies.

Who is required to file business tangible personal property?

Business owners and companies are required to file business tangible personal property.

How to fill out business tangible personal property?

Business owners can fill out business tangible personal property by listing all tangible assets used in their business and their corresponding values.

What is the purpose of business tangible personal property?

The purpose of business tangible personal property is to assess and tax the value of tangible assets used in a business.

What information must be reported on business tangible personal property?

Information such as the description of tangible assets, their acquisition cost, and their current value must be reported on business tangible personal property.

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