Business Return Of Tangible Property And Machinery & Tools Spotsylvania County Form - 2007 (Expired) Page 3

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2006
2007
BUSINESS RETURN OF TANGIBLE PROPERTY AND MACHINERY & TOOLS
SPOTSYLVANIA COUNTY
Office Use Only
Page 2 of 3
Account # ______________
MACHINERY AND TOOLS USED IN a manufacturing,
mining, processing or reprocessing, radio or television
broadcasting, dairy, dry cleaning or laundry business.
All machinery and tools used in above captioned businesses are segregated by Section 58.1-3507, Code of V
irginia,
as amended, for local taxation exclusively; and each county, city and town is required to make a separate
classification for all such machinery and tools. 58.1-3518 requires that the original total capitalized cost of all
machinery and tools be listed or the cost that woul
d have been capitalized if IRC Section 179 had not been taken.
Cost of Property
Year Purchased
Furniture, Fixtures & Equipment,
For Office Use Only
Machinery & Tools, etc.
2002 & Prior
20%
2003
30%
2004
40%
2005
45%
2006
50%
TOTAL ACTUAL COST
OF PROPERTY OWNED
$
1/1/2007
MACHIN ERY AND TOOLS USED IN a semiconductor manufacturing or food processing – Code of Virginia 58.1-
3508.1
Cost of Property
Year Purchased
Furniture, Fixtures & Equipment,
For Office Use Only
Machinery & Tools, etc.
2002 & Prior
20%
2003
30%
2004
40%
2005
45%
2006
50%
TOTAL ACTUAL COST
OF PROPERTY OWNED
$
1/1/2007
LIST BELOW ALL TANGIBLE PROPERTY LEASED OR RENTED FROM OTHERS AS REQUIRED
BY THE CODE OF VIRGINIA 58.1-35
18
Name & Address of
Date Lease began and Description of Item
Amount of
Length of
Actual Owner
(Including Vehicle License Plate Number)
Monthly Lease
Lease

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