How and when do we file Personal Property Tax returns in Massachusetts?
Tax Professional Answers
RE: which particular assets to report however varies widely depending on how the business is organized. E.g., if the business is organized as a S or C corporation and registered to do business in MA, then there are a significant number to tax exemptions available to the taxpayer. If the business is an LLC, LLP, Sole Proprietor, etc. then the property tax exposure is substantially greater.
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