Executive Order No. 13 signed by Governor Malloy November 2, 2011 extends the personal property tax delcarations deadline for this year to November 15, 2011.  This is in direct response to the unprecedented snowstorm that many resident and business property taxpayers are impacted by.


Personal Property

 

In general, personal property is anything that is moveable and is not a permanent part of real estate, including items such as business-owned furniture, fixtures, machinery or equipment.

 

A taxpayer with personal property subject to taxation must file a Personal Property Declaration with the Plainville Assessor by November 1, annually.  Upon request, the Assessor may grant a taxpayer an extension of up to 45 days to file a declaration. Nonresident taxpayers must file a declaration.

 

Lessees of personal property must also file a report with the Plainville Assessor by November 1, annually. This requirement affects any personal property (other than a Connecticut registered motor vehicle) that is subject to a contract of lease and is in a lessee’s possession.

 

If a Personal Property Declaration is filed after November 1, the Assessor adds a 25% assessment penalty to the taxpayer’s assessment. A 25% assessment penalty is also applicable if a taxpayer fails to file a declaration, in which case the Assessor uses the best information available to determine the value of the taxpayer’s personal property.

 

Click here to view and print the 2011 Declaration of Personal Property Form.