What is Tangible Personal Property?

Any property owner, firm or corporation owning tangible personal property is required to file a tangible personal property tax return with the Property Appraiser's Office. The Property Appraiser also requires that all personal property used be shown on the return, even if someone owns it other than the business. This information should be provided in the leased, loaned, and rented equipment section of the tangible personal property tax return. All tangible personal property must be reported on or before April 1st each and every year to avoid penalties. In the absence of a return, an estimate must be made.

Section 193.052, Florida Statues, requires that all tangible personal property be reported each year to the Property Appraiser's Office. If you receive a return by mail, it is because our office has determined that you have property to report. If you think the form is not applicable, please return it with an explanation. Either way, the form MUST be returned. Failure to receive a Personal Property Tax Return (Form DR-405) does not relieve you of your obligation to file.