Personal Property Tax

County Bulletin

TO: ALL COUNTY AUDITORS - Bulletin No. 203

DATE:  July 21, 1965

FROM: Gerald A. Donahue, Tax Commissioner

RE: Funeral Homes – Listing of tangible personal property used in business.

To achieve uniformity with respect to the assessment of such property, inventories consisting of caskets, vaults, wearing apparel and other items of tangible property held for sale must be reported on the average value basis in Schedule 3 as retail inventory. The first one hundred thousand dollars thereof must be listed at the percentages prescribed by section 5711.22(B), R.C., the balance at 70%.

All other tangible property including equipment, tools, implements and supplies must be reported at year end