Under MGL Chapter 60A, all Massachusetts residents who own and register a motor vehicle must annually pay a motor vehicle excise. Also, under MGL Chapter 59, Section 2, it is important to note that every motor vehicle, whether registered or not, is subject to taxation, either as excise or personal property, for the privilege of road use, whether actual or future. The excise is levied by the city or town where the vehicle is principally garaged and the revenues become part of the local community treasury.
If you look on the Templeton tax recap sheet, you can find the amount of vehicle excise tax collected.
hold on to your boot straps folks this is coming soon !!
ReplyDeleteGardner tried this a few years back and the city got tons of flack im not sure if they dropped it
https://www.mass.gov/files/documents/2017/09/22/statetax2.pdf
Personal Property Tax
ReplyDeletePersonal property is composed of goods, merchandise, equipment, tools, machinery, furniture, furnishings and other movable items not attached to or part of the real estate (land, buildings and other attached improvements). It is assessed separately from the real estate to certain businesses, public utilities, and owner of homes that are not their primary residences.
Local assessors are required to assess a personal property tax on all personal property not expressly exempt that is situated in their community under the provisions of M.G.L. Chapter 59. There are many exemptions depending on ownership entity, property type or property use. Mass.gov
What’s the personal property tax exemption in Templeton ?
Stop panicking the good townspeople . anon 941 again
If anyone here is concerned about personal property tax - please contact the tax office speak to someone . There is also information here for you to become more enlightened: https://www.mass.gov/lists/property-tax-forms-and-guides
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