There is some variation of property tax throughout the state, due mainly to voter-approved special levies. Personal property taxes are levied on real property and on the assets of businesses. The tax is assessed by the County Assessor. Please see the Department of Licensing for more information. Watercraft Excise Tax Boats over 16 feet in length are subject to watercraft excise tax if not used in a business.
Boats used in a business are subject to the personal property tax.
The Department of Licensing administers the watercraft excise tax. The estate tax is a tax charged on the estates of a deceased person, but only if the estate exceeds the federal filing limit. This is composed of the decedent's half of the community property plus any separate property. The gift and inheritance taxes were repealed as of January 1, 1982.