Personal property is business equipment, office machinery, inventory, and furniture and fixtures.
All registered business organizations are eligible to pay unless exempt by state statute for charitable, religious, and non-profit status. A state required form notifying the Assessor's Office of any all business equipment, furniture, fixtures and sales inventory for each year. This form must be filed each year by all individuals, partnerships, associations, trusts and corporations that own or hold taxable personal property on January 1, except telephone and telegraph companies and owners of pipelines that are required to file a personal property return with the Mass. Dept. of Revenue. Literary, temperance, benevolent, charitable or scientific organizations that may be entitled to an exemption must file State Tax Form 3 ABC listing all property they own or hold for those purposes on January 1. Forms of List must be filed by March 1 with the Board of Assessors in the city or town where the personal property is situated on January 1.