File Your Business Property Statement
Tom J. Bordonaro, Jr.
2/21/2018 11:33:20 AM
All property used by a business is subject to local property tax unless it is specifically exempt by law. Business personal property is assessed annually as of January 1st.
Examples of business property include, but are not limited to:
- Machinery and Equipment
- Office furniture
- Computer hardware
- Leasehold improvements
As a business owner, you must file a Business Property Statement (also known as Form 571-L) if you have over $100,000 in business personal property or are requested to file by the Assessor's Office. Business Property Statements for 2018 must be filed by May 7, 2018.
Business Property Statements may also be filed online at the California Assessors' Association e-file portal.