County Bulletin
TO: All County Auditors - Bulletin No. 174
FROM: Stanley J. Bowers, Tax Commissioner
RE: Assessment of house trailers and contents thereof
used in business in Ohio as tangible personal property.
DATE: March 4, 1962
Several inquiries have been received by the Department
concerning the provisions of Section 4503.06 (F) (1), Revised
Code, effective January 1, 1962, which provides:
"(F) A house trailer is not subject to the provisions of this
section (section 4503.06 Revised Code, which levies an excise
tax on all house trailers used or occupied in Ohio) when:
(1) It is taxable as personal property pursuant to the
provisions of Section 5709.01 of the Revised Code"
(Bracketed language added)
To assist you in making determinations as to when and to what
extent a house trailer and the contents thereof is subject to
the personal property tax, the following tests are to be
used.
I. If the house trailer and the machinery and
equipment and/or furniture and fixtures thereof is used
totally in business in Ohio, AND
A. If the house trailer is required to be and is, in
fact, licensed pursuant to the provisions of Section
4503.02, Revised Code.
THEN.
1) The machinery and equipment and/or furniture adn
fixtures used in business are taxed as tangible personal
property; AND
2) The trailer
(body shell, carriage, etc.) would be the basis for and
subject to house trailer tax, Section 4503.06 et seq.,
Revised Code, and the tax computed pursuant to Section
4503.06(E), Revised Code.
B. If the houes trailer is not required to be or is,
in fact, not licensed pursuant to the provisions of Section
4503.02, Revised Code; THEN,
1) The house trailer, including machinery and equipment
and/or furniture and fixtures, is taxable as tangible
personal property.
II. If a part of the house trailer and a portion of
the contents thereof are used in business in Ohio,
AND
A. Whether or not the house trailer is required to be
or is, or is not licensed pursuant to the provisions of
Section 4503.02, Revised Code, THEN,
1) That portion of the machinery and equipment and/or
furniture and fixtures which is used in business is taxed
as tangible personal property; AND
2) The house
trailer (body shell, carriage, etc.) plus the remaining
personal property not used in business is subject to the
house trailer tax, Section 4503.06, et seq., Revised Code,
and the tax computed pursuant to Section 4503.06 (E),
Revised Code.
For purposes of determining the true value of the house
trailer subject to personal property tax in accordance with
Sections 5711.18 and 5711.22, Revised Code, a tentative
annual prima facie rate of depreciation of 10% utilized in
connection with the "302 method" of computation is hereby
prescribed.