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Janet Troutman Ward |
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Other Helpful Links Assessment Coordination Department
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BUSINESS PERSONAL PROPERTY FAQ's
Q: What is Business Personal Property? A: Any asset(s) that are owned by a business, such as vehicles, furniture, machinery and equipment.
Q: Who has to assess? A: Any business owner who operates a business and who holds personal property used in the course of operating said business.
Q: What is the assessment lien date? A: The assessment lien date is May 31st of each year.
Q: My business opened in March. When do I assess? A: By May 31st of the current year.
Q: If I do not assess by May 31st, what happens? A: A late penalty of 10% is added to your assessment. This percentage is set by state law.
Q: Do I assess my leased copy machine? A: No. The owner of the equipment is responsible to assess it with our office.
Q: When can I assess my business? A: You can assess your business anytime between January 2nd and May 31st.
Q: How do I appeal my value? A: By making an appointment during the appeal period in the month of August and meeting with the Board of Equalization.
Q: When will I get my tax bill? A: In March of the following year. |
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Pulaski County Assessor | 201 South Broadway | Suite 310 | Little Rock, Arkansas 72201 | telephone: (501) 340-6170 | fax: (501) 340-6009 | All Rights Reserved |
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