Please Note: You are viewing the non-styled version of SITE NAME. Either your browser does not support Cascading Style Sheets (CSS) or it is disabled. We suggest upgrading your browser to the latest version of your favorite Internet browser.
1. Has the personal property tax been phased out?
Yes. Returns due in 2008 were the final returns for all general business taxpayers. No annual or new taxpayer returns, either form 920 or 945, are required to be filed for tax years 2009 and thereafter. This is a direct result of the listing percentage being reduced to zero as the final component of the phase-out.
2. Are there exceptions to the phase-out?
Telephone and inter-exchange telecommunications companies, or entities leasing property to telephone and inter-exchange telecommunications companies were phased out after the 2010 filings. No returns are due in 2011 and thereafter.
3. How does a business file outstanding returns?
Any entities, who were subject to the tangible personal property tax in taxable year 2008 or any year before 2008, who failed to file a return for a taxable year must still file a return for the outstanding period. If you should have any questions, regarding any requirements past or present, please contact the Excise, Motor Fuel and Public Utilities Tax Division at 614.466.3794.
