What is personal property?

Personal property is "tangible" property, which means the property physically exists. Personal property consists of assets, goods, and material objects used in the conduct of a business and is assessed separately from real estate. Tangible property also relates to second homeowners, where the Dennis property is not the owner's primary residence.

The assessment date is January 1 of each year. Any business that existed on that date or second homeowner as of that date is subject to personal property tax and will be billed for the entire fiscal year (July 1st to June 30th). This applies to businesses that have closed or relocated after the assessment date or a home that was sold after January 1. Personal property tax is not prorated per Massachusetts General Law.

Show All Answers

1. What is personal property?
2. What is Second Home Personal Property and why am I receiving this bill?
3. Who must file a return?
4. Where and when must my return be filed?
5. Can I get an extension of the filing deadline?
6. What is the penalty for failure to file or for filing late?
7. What is the return used for and who has access to it?
8. What personal property is taxable?
9. What are manufacturing corporations/public utilities?
10. How do I appeal personal property tax?