Personal Property Tax Bill

Personal Property Tax Bill

Questions:

What is personal property?

Who must pay this tax?

What property is taxable?

When are tax bills mailed and payment due?

What is personal property?

Personal property is all tangible property other than real property, including, but not limited to: business equipment, office machinery, inventory, furniture and fixtures not located at the owner’s domicile on January 1.

Who must pay this tax?

Individuals, partnerships, associations, trusts, limited liability companies, Massachusetts business and out-of-state business corporations, limited liability companies filing federally as corporations, mutual insurance holding companies, Massachusetts and out-of-state manufacturing corporations and all other Massachusetts corporations subject to taxation under G.L. Chapter 63.

What property is taxable?

In general, all tangible personal property situated in Massachusetts and all tangible personal property owned by Massachusetts domiciliaries is taxable unless expressly exempt. There are many exemptions, which are usually based on ownership, type of property and use of property.

For more information…

For information about valuation, abatement or exemptions, please call the Assessor’s office at (413)665-4400 ext. 4. For information about balances or payments, please call the Tax Collector’s office at (413)665-4400 ext. 2