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COUNTY OF CATAWBA BUSINESS PERSONAL PROPERTY LISTING2020RETURN TO: CATAWBA COUNTY TAX DEPARTMENT, PO BOX 368, NEWTON, NC 286580368 PHONE: (828) 4658406 * Indicates Required Information Field ABSTRACT
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01
Gather all necessary documents such as proof of ownership, purchase receipts, and any other relevant paperwork.
02
Contact your local tax assessor's office to obtain the appropriate forms for personal property tax.
03
Fill out the forms accurately and completely, providing all requested information about your personal property.
04
Submit the completed forms along with any required documentation to the tax assessor's office by the specified deadline.
05
Pay any applicable taxes based on the assessed value of your personal property.

Who needs personal property - tax?

01
Individuals who own taxable personal property such as vehicles, boats, equipment, or other assets are required to pay personal property tax.
02
Businesses that own tangible assets like machinery, furniture, computers, or inventory may also need to pay personal property tax.
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Personal property tax is a tax levied on movable assets owned by individuals or businesses, such as vehicles, furniture, machinery, and equipment.
Individuals and businesses that own personal property that is subject to taxation are required to file personal property tax returns, typically including real estate and certain types of tangible assets.
To fill out a personal property tax return, you need to list the assets owned, provide their estimated values, and complete any required forms provided by the local tax authority, ensuring accuracy and completeness.
The purpose of personal property tax is to generate revenue for local governments, which is used to fund public services such as education, law enforcement, and infrastructure.
Typically, you must report the type of personal property owned, its value, and any relevant identification or serial numbers to ensure accurate assessment and taxation.
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