FAQs - Personal Property: Phase-Out Information

Has the personal property tax been phased out?

Yes.  Returns due in 2008 were the final returns for all general business taxpayers.  No annual or new taxpayer returns, either form 920 or 945, are required to be filed for tax years 2009 and thereafter.  This is a direct result of the listing percentage being reduced to zero as the final component of the phase-out.