What is Business Personal Property?

In Arizona, business personal property is generally defined as all types of property except real estate property. Taxable personal property includes property used for commercial, industrial, and agricultural purposes. Personal property is considered to be movable and not permanently attached to real estate.

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1. What is Business Personal Property?
2. How do I report Taxable Personal Property?
3. I received a Business Property Statement. What do I need to do?
4. Is a Business Property Statement a Notice of Value?
5. What if I disagree with the Notice of Value?
6. What is the current Personal Property Exemption? I operate several locations in Arizona, does the exemption apply to each location?