Business Personal Property Taxes?
Per Texas Property Tax Code Section 11.01; Texas requires a business owner to pay property taxes to each taxing unit based on the market value of the inventory and assets, as of January 1, that is owned or used in the production of income. All real and tangible personal property that this state has jurisdiction to tax is taxable unless exempt by law.
You must also file a rendition to provide the Appraisal District with taxable business property information. The form must be filed by April 15th each year.
The Rendition form will be available to complete between January 1 - April 15th of every year: Online Rendition Form.
If you no longer own a business in Williamson County, please fill out and submit the electronic BPP Update Form to send to our BPP department: Sold, Moved, Closed, or Name/Mailing Address Update.
More information on Business Personal Property can be found on our webpage: https://www.wcad.org/business-personal-property/