Personal property taxes are assessed every year by local governments. Types of personal property that are subject to tax include automobile, trucks, buses, motorcycles, motor homes, camping trailers, boat trailers, utility trailers, recreational vehicles, mobile homes, boats, aircraft, business furniture and equipment.
Tax is typically established at a percentage of the value of the property. Localities vary in the methods used to value property. For specific information about a locality, check the local government’s website for more information. If no information can be located, you may attempt to contact the commissioner of revenue’s office or the department of finance.