Business Personal Property
Taxscribe for Oregon Business Owners & CPAs
Modern personal property tax filing for Oregon — prepare your return in minutes, import fixed assets, and e-file to participating jurisdictions or email a print-ready PDF to your local assessor.
What is Business Personal Property tax?
Business Personal Property is any property other than real property which is composed of tangible assets held for use in a business, including any property not currently being used, placed in storage or held for sale.
Who should file Business Personal Property?
Each individual, partnership, firm, or corporation that has taxable personal property must file a return.
- Filing deadline
- The taxable personal property return should be filed by March 15.
- Late penalty
- The penalty is a percentage of the taxes and is 5 percent, 25 percent, or 50 percent depending on how late the return is filed.
When you should file:
The taxable personal property return should be filed by March 15.
Exemptions:
- Inventories that are held for sale in the ordinary course of business.
- Farm machinery and equipment
Important Notes About Business Personal Property:
- All returns that are filed late receive a penalty. The penalty is a percentage of the taxes and is 5 percent, 25 percent, or 50 percent depending on how late the return is filed.
Coverage
How Taxscribe works in Oregon
Taxscribe supports Business Personal Property filing across Oregon. Where your jurisdiction participates in Taxscribe's e-file program, you can submit directly; elsewhere, generate a print-ready PDF and email or mail it to your local assessor. Contact us to see if your jurisdiction participates.