I paid sales tax when I purchased this equipment. Why am I paying taxes again?

Sales tax and property tax are two different types of taxes.

  • Sales tax is paid at the time of purchase.
  • Personal property taxes are paid annually.

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1. Why do I have to pay taxes on my business personal property?
2. I paid sales tax when I purchased this equipment. Why am I paying taxes again?
3. What is unsecured property?
4. I have a home-based business and all my equipment is my own personal equipment. Do I have to report it?
5. My business property is moveable and goes in and out of the County depending on the job. Which county should I report it to?
6. What if I lease all my equipment? Do I still have to report it?
7. Can my unsecured business property taxes be prorated?
8. Why do I have a 10% penalty note on my tax bill for my business?
9. I don't own the building, I just rent the space. Why do I have a tax bill?
10. Where can I find additional information on Business Personal Property?
11. Who needs to file a Business Property Statement?