Form 12.02 - Business Personal Property Rendition Of Taxable Property
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7Jackson County
Business Personal Property Rendition
Appraisal D istrict
of Taxable Property
Account Number:
Tax Year:
Fo
rm 12.02 (1/12)
GENERAL INSTRUCTIONS: This form is for
use i
n rendering, pursuant to Tax Code §22.01, tangible personal property used for the
production of income that you own or manag
e a
nd control as a fiduciary on January 1 of this year.
F
ILING AND DEADLINES: Rendition statements and property reports must be delivered to the chief
appraiser after January 1 and not later
than April 15, except as provided by Tax Code §22.02. On written request by the property owner, the chief appraiser shall extend a
deadline for filing a rendition statement or property report to May 15. The chief appraiser may further extend the deadline an additional
15 days upon good cause shown in writing by the property owner. Pursuant to Tax Code §22.02, if an exemption applicable to a property
on January 1 terminates during the tax year, the person who owns or acquires the property on the date applicability of the exemption
terminates shall render the property for taxation within 30 days after the date of termination. If the chief appraiser denies an application
for an exemption for property subject to rendition pursuant to Tax Code §22.01(a), the person who owns the property on the date the
application is denied shall render the property for taxation in the required manner within 30 days after the date of denial.
IN
SPECTION OF PROPERTY: Pursuant to Tax Code §22.07, the chief appraiser or his authorized representative may enter
the premises
of a business, trade, or profession and inspect the property to determine the existence and market value of tangible personal property
used for the production of income and having a taxable situs in the district.
R
EQUEST FOR STATEMENT REGARDING VALUE: Pursuant to Tax Code §22.
07, the chief appraiser may request, either in writing or by
electronic means, that the property owner provide a statement containing supporting information indicating how value rendered was
determined. The property owner must deliver the statement to the chief appraiser, either in writing or by electronic means, not later
than the 21st day after the date the chief appraiser’s request is received. The statement must:
1. summarize information sufficient to identify the property, including:
(A)the physical and economic characteristics relevant to the opinion of value, if app
ropriate; and
(B)the source of the information used;
2. state the effective date of the opinion of value; and
3. e
xp ain the basis of the value rendered.
l
If
the property owner is a business with 50 emp
loyees or less, the property owner may base the estimate of value on the depreciation
sc
hedules used for federal income tax purposes. Failure to comply in a timely manner is considered to be a failure to timely render and
the Tax Code requires that penalties be applied by the chief appraiser.
P
ENALTIES: The chief appraiser must impose a penalty on a person w
ho fails to timely file a required rendition statement or property
report in an amount equal to 10 percent of the total amount of taxes imposed on the property for that year by taxing units participating
in the appraisal district. The chief appraiser must impose an additional penalty on the person equal to 50 percent of the total amount of
taxes imposed on the property for the tax year of the statement or report by the taxing units participating in the appraisal district if it is
finally determined by a court that:
(1) the person filed a false statement or report with the intent to commit fraud or to evade the tax; or
(2) the person alters, destroys, or conceals any record, document, or thing, or presents to the chie
f appraiser any altered or
fraudulent record, document, or thing, or otherwise engages in fraudulent conduct, for the purpose of affecting the course or
outcome of an inspection, investigation, determination, or other proceeding before the appraisal district.
P
roperty Owner’s Name
4
M
ailing Address
Phone (area code and number)
Pl
ease indicate if you are filling out this form as:
Manager
Authorized Agent
In a fi
duciary capacity
N
ame of Manager, Authorized Agent, or Fiduciary, if applicable
P
resent Mailing Address
C
ity, State, ZIP Code
Phone (area code and number)
By checking th
is box, I affirm that the information contained in my most re
cent rendition statement file
d for a prior tax
year (this rendition was filed for the __________ tax year), continues to be complete and accurate for the current tax yea
r.
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