General Information

Contact Dept

  • Address:
    Hall of Records, 2281 Tulare Street, Room 201,
    Fresno, CA 93721
  • Phone:
    (559) 600-3534
  • Phone Hours:
    9am-4pm
  • Email Department

Business Personal Property

 

Unlike real property, Business Personal Property is not subject to the restrictions of Proposition 13 and is instead assessed each year at its value on January 1st, the lien date. The tax rate for business and real property is the same.

Each year Business Property Statements are mailed by the Assessor to most commercial, industrial, and professional firms. Property statements (agriculture, business, apartment, boats, and aircraft) provide a basis for determining property assessments for fixtures and equipment. Any business owner to whom the Assessor sends a written request must complete, sign, and file a Business Property Statement that lists the cost of supplies, equipment, and fixtures at each business location as of the lien date. Anyone owning business personal property with a cost exceeding $100,000 must file a Business Property Statement whether or not the Assessor requests they do. Most statements can be filed online via e-SDR.

Beginning in 2015, many of the “low” or “no value” property statements will not be mailed out annually. If you do not receive your property statement by the end of March, call our office to confirm if you fall into that category. If you have moved, sold, closed or bought new equipment, fill out Form FCA 3033, located on the Forms page.

Statements are due April 1st. The final date to file without a penalty is May 7th. If that date falls on a weekend, holiday, or other day the Assessor's office is closed, the due date is the next business day. See our office closure dates. All property statements postmarked or efiled after this date will receive a 10% penalty for late filing pursuant to California Revenue and Taxation Code Section 463.

What is Business Personal Property?

In general, Business Personal Property is all property owned or leased by a business except Real Property and inventory items. Some examples of Business Personal Property include:

  • Machinery
  • Computers and Servers
  • Construction Equipment
  • Telephones
  • Furniture
  • FAX Machines
  • Bookcases
  • Desks and Chairs
  • Cash Registers and Point Of Sale Equipment
  • Photocopiers
  • Supplies
  • Forklifts
  • Tractors and Combines
  • Bulldozers
  • Packing Shed Equipment
  • Vending Machines

 

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