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Personal Property
Personal Property Assessment:
As a courtesy, on January 1 each year, the Camden
County Assessor mails a Personal Property Assessment form to each person
and business who declared personal property in Camden County the
previous year. The assessment form is mailed to the last known address
in the Assessor’s files. If you have moved within the County or have
moved into Camden County, or changed your mailing address you need to
contact the Assessor’s Office with your address.
Every person owning or holding real property or
tangible personal property on the first day of January, including all
such property purchased that day, shall be liable for taxes thereon
during the same calendar year (Chap. 137.075 RSMo). Personal property
assessment forms are to be returned to the County Assessor no later than
March 31 each year. A penalty of up to $100.00 may be applied to the
taxpayer’s bill for failure to file a personal property assessment in a
timely manner.
Tangible Personal Property includes every tangible
thing being the subject of ownership or part ownership whether animate
or inanimate, other than money, and not forming part or parcel of real
property herein described, but does not include household goods,
furniture, wearing apparel and article of personal use and adornment, as
defined by the state tax commission, owned and used by a person in his
home or dwelling place. (Chap. 137.010 (4) RSMo). There are exceptions
to the law, please refer to the Missouri State Statutes.
Missouri State Statutes state all personal
property shall be assessed in the county where the owner resides.
The exception to this are houseboats, cabin cruisers, boats/vessels 26
ft or longer, USCG documented vessels, floating boat docks, and
manufactured homes shall be assessed where they are located. All
articles of personal use contained with the residence or dwelling place
are NOT subject to taxation. Taxable personal property also
includes property used for commercial, industrial, and agricultural
purposes.
Missouri State Statute Chapter 137.122 outlines
Business Personal Property and the deprecation tables to be used for
Business Personal Property.
Examples of Personal Property:
General:
Car, truck, motorcycle, boat and boat trailer
U.S. Coast Guard Documented Vessel ported within
Camden County
ATVs, wave runners
Camping Trailer, Motor Coach,
Any other vehicle requiring a Missouri license
plate
Aircraft
Boat Dock(s) and lifts
Examples of Business Personal Property:
Phone, facsimile,
and other communication equipment
Security
systems
Mobile homes or
offices non-affixed to the land
Leasehold
Improvements, with some exceptions
Office Equipment:
Desk, chairs,
bookcases, file cabinets
Typewriters, office
machines
Computers, printers,
copiers
Retail Store Equipment:
Display cases,
counters, shelves, racks
Cash registers,
safes
Public address
system
Food preparation
equipment
Manufacturing Equipment:
Machine, tools,
dies, and jigs
Storage shelves,
bins, pallets
Computer controlled
equipment
Fork lift, cranes,
Testing equipment,
scales, special tools
Ranch and Farm Equipment:
Planting,
cultivation and harvesting equipment
Construction and
transport equipment
Feeding and milking
equipment
Portable tanks and
pumps
All Livestock
Hotel, Motel, Resorts:
All furniture, and
linens
Cleaning and laundry
equipment
Kithcen appliances,
TV sets, radios
Office Equipment
The above examples
are not all inclusive, some items may be used in more than one example.
If you have a question on whether to declare personal property or not,
please call our Personal Property Department, 573-346-4440, Ext. 1260.
Just because you do not receive a Personal
Property Assessment Form to fill out, you still have the responsibility to file a
Personal Property Assessment Form each year. If you do not receive a
Personal Property Assessment Form by January 30 of each year, please
contact the Assessor’s Office.
Please check with the Personal Property Department
to verify we have your current and correct mailing address.
You are not
automatically placed on the county’s personal property assessment
roles in Camden County. If you move
into the county or move within the county please contact the Assessor’s
Office with your new address or to be placed on the Personal Property
Assessment list. If you have any questions regarding Personal
Property or need a Personal Property Assessment form mailed to you,
please call 573-346-4440, Ext. 1260
Personal Property Assessment Cycle:
Personal Property is appraised and assessed each
year, as of January 1. The taxpayer is required to update all
information concerning make, model, and year of autos, trucks, etc, and
the purchase price and year of purchase for business machinery or
construction equipment, office equipment, etc. with the county assessor
at the start of each year (Chap. 137.080 RSMo). Even if you have no
changes in your personal property from the previous year, you are
required to submit a list to the county assessor by March 1 of each
year.
On the Personal Property form, be sure to be
specific with the information requested. If you receive a personal
property assessment form from Camden County, your previous year’s
listing of vehicles, boats, farm machinery, etc., will be pre-printed on
the form. If you no longer own any of the property printed on the form,
draw a line through the item. If you have purchased something new and
it is not printed on the form, legibly print the information in the
space provided or add an additional sheet of paper with the information
that is requested. Not being specific on make and model, may result in
your personal property being placed in the highest class of assessment.
If you are declaring a water craft, be sure to show the total length in
feet and inches, example: 16 ft. 8 inches.
For questions about motor vehicle licensing or boat
registration in the State of Missouri please click on the Missouri
Department of Revenue web site link:
http://www.dor.mo.gov/new2mo.htm
Also, the Missouri Department of Revenue has
information available for new residents to the State of Missouri:
http://www.dor.mo.gov/mvd/motorv
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