What Happens If I Do Not File A Business Personal Property Rendition, Or File It Late?

What Happens If I Do Not File A Business Personal Property Rendition, Or File It Late?

If you do not file a rendition, the appraised value of your property will be based on an appraiser’s estimate using comparable business types.

In addition, if you fail to file your rendition before the deadline, or you do not file it at all, a penalty equal to 10% of the amount of taxes ultimately imposed on the property will be levied against you.

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