Personal Property Tax Bills

What is personal property?
 
Personal equipment is all tangible property other than real property, including, but not limited to: business equipment, office machinery, inventory, furniture and fixtures not located at the owner’s domicile on January 1.
 
Who must pay this tax?
 
Individuals, partnerships, associations, trusts, limited liability companies, Massachusetts business and out-of-state business corporations, limited liability companies filing federally as corporations, mutual insurance holding companies, Massachusetts and out-of-state manufacturing corporations and all other Massachusetts corporations subject to taxation under G.L. Chapter 63.
 
What property is taxable?
 
In general, all tangible personal property situated in Massachusetts and all tangible personal property owned by Massachusetts domicilliaries is taxable unless expressly exempt. There are many exemptions, which are usually based on ownership, type of property and use of property.
 
When are tax bills mailed and payment due?
 
Tax bills are mailed on a quarterly basis (being four times per year). The first quarter bill is due on August 1st. The second quarter bill is due on November 1st. The third quarter bill is due on February 1st and the fourth quarter bill is due on May 1st. The town runs on a fiscal year from July 1st to June 30th.
 
For more information about valuation, abatements or exemptions, please contact the Assessor’s office at 781-334-9450. For account balances, contact the Collector’s office at 781-334-9430.