Guidelines 

GUIDELINES 

  The Montgomery County Appraisal Department Business Personal Property Division is guided in the valuation of business personal property by the Code of Alabama, Division Directives and the Alabama Personal Property Appraisal Manual.

Alabama is a "situs" state for the taxability of business personal property; therefore, if property is located in the State on October 1st (Alabama's lien date for ad valorem taxation), the property is taxable unless specifically exempted.  

The Law    


Authority of tax assessor, duties of taxpayer. 
Code of Alabama, 1975, Section 40-7-1


Powers and duties, report personal property
Code of Alabama, 1975, Section 40-2-11

Property appraised at fair and reasonable market value; basis of assessment for ad valorem taxes.
Code of Alabama, 1975, Section 40-7-62


Property to be appraised at fair market value.
Code of Alabama, 1975, Section 40-7-15


Taxpayer to attend appointment and return list of property; failure to furnish description of real estate. 

Code of Alabama, 1975, Section 40-7-4 
 

Publication of returns-confidentiality
Code of Alabama, 1975, Section 40-2A-10

Demand against persons failing to make returns
Code of Alabama, 1975, Section 40-7-19

Delinquent Taxes

Ad valorem taxes become due on October 1st and must be paid by December 31st.  Taxes become delinquent, if unpaid, January 1st.  The Revenue Commissioner has the legal responsibility to collect the taxes due or sell the property to satisfy the tax lien.  Business personal property sold for non-payment of taxes cannot be redeemed. 


Levy and sale of personal property-time; notice; location
Code of Alabama, 1975, Section 40-5-14

Sale of seized property
Code of Alabama, 1975, Section 40-29-26



Business Personal Property Return Form

Please complete and mail to the Montgomery County Appraisal Department-BPP Division, 131 S. Perry St., Montgomery, AL  36104


Business Personal Property Return

Business Personal Property Short Form

Alabama Department of Revenue-Equalization Plan

Annual Property Tax Equalization Plan
    


Alabama Department of Revenue-Division Directives

Personal property, assessment of machinery and equipment

Requirements for reporting and assessing business personal property

Exemption of personal property associated with farms or farming operations