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ST5 (REV. 0410)PrintClearSTATE OF GEORGIA DEPARTMENT OF REVENUE SALES AND USE TAX CERTIFICATE OF EXEMPTION GEORGIA PURCHASER OR DEALER EFFECTIVE JULY 1, 2000 To: ___ (SUPPLIER)(MM/DD/YY) ___(DATE)___
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01
Gather all necessary information about the tangible personal property you own.
02
Determine the current value of each item.
03
Fill out the appropriate forms provided by your local tax assessment office.
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Submit the completed forms along with any required documentation.
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Review the assessment provided by the tax office and make any necessary corrections.
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Pay any applicable taxes or fees based on the assessed value of your tangible personal property.

Who needs any tangible personal property?

01
Individuals who own tangible personal property such as vehicles, furniture, jewelry, or electronics are required to fill out this information for tax assessment purposes.
02
Businesses that own equipment, machinery, inventory, or other tangible assets also need to report these items for tax assessment.
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Tangible personal property refers to physical items that can be touched and moved, such as machinery, equipment, furniture, and inventory.
Individuals or businesses that own tangible personal property that is subject to taxation are required to file.
To fill out any tangible personal property forms, gather the necessary information about the items owned, complete the form accurately, and submit it to the appropriate local government authority.
The purpose of assessing tangible personal property is to determine the value for taxation purposes, ensuring that property owners are taxed fairly based on their assets.
The information that must be reported typically includes a description of the items, their estimated value, acquisition date, and location.
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