PERSONAL PROPERTY

In addition to real estate, all personal property is also taxable. There are several exceptions to this general rule. The most important is the exemption for personal property in a primary residence. There are also numerous exemptions applying to various types of businesses.

Each business is required to file a list, called a FORM OF LISTS, with the Board of Assessors by March 1 of each year. This list is the basis for the personal property tax assessed to the business. Personal Property is assessed at the same rate as Commercial and Industrial Property.

To obtain a FORM OF LISTS contact the Assessors' Office or click on the link below. www.dls.state.ma.us/ptb/pdfs/statetax2.pdf

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