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?
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.
Business Personal Property
When owning a business, the tangible assets that are used to produce income are required to be rendered. Rendering is a method that is used to determine the value of a business by providing data of furniture & fixtures, equipment, machinery, raw ...
What is a Rendition for Business Personal Property?
What is a Rendition for Business Personal Property? A rendition is a form that provides the Appraisal District with taxable business property information. The form must be filed by April 15th each year. Included in the form is the business name ...
Business Personal Property FAQ
Who must file a rendition? Renditions must be filed by both owners of tangible personal property that is used for the production of income and owners of tangible personal property on which an exemption has been cancelled or denied. What types of ...
Where should the business personal property rendition be filed?
Where should the rendition be filed? The website allows businesses to file online by using your email address. You may also use the following address or email: Williamson Central Appraisal District Business Personal Property Division 625 FM 1460 ...
Business Personal Property Rendition- If I cannot file the rendition on time, what should I do?
Business Personal Property Rendition - If I cannot file the rendition on time, what should I do? The law provides for an extension of time to file a rendition. In order to receive the extension, you must submit the request to the Williamson Central ...