Form Fp-31 - District Of Columbia (Dc) Personal Property Tax Page 6
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24tangible personal property. Enter the total original cost on page
2 of Form FP-31, Line 3, of column A and the total remaining
cost (current value) on page 2, Line 3, of column B. Owners (les-
sors) of leased property located in DC in addition to completing
Schedule A must also complete Schedule D-2, if the property is
not included in Schedule A.
Schedule B: Supplies
Report the cost of any consumable items not held for sale, such
as office and other supplies.
stationery and envelopes used in the business or profession.
packing materials, advertising items, sales books, fuel oil,
china, glass and silverware. Enter the totals on page 2 of
Form FP-31, Line 4 of columns A and B.
Schedule C: Dispositions of tangible personal property
Report all fixed assets that were traded in, sold, donated, dis-
carded or transferred out of a DC location during the preceding
tax year. This includes items reported on last year’s return that
are not reported in either Schedules A or D-2 of the current
year’s return.
Schedule D-1: Possession of leased property
Complete this schedule only if you are a non QHTC and had
in your possession tangible personal property under either a
rental or lease agreement or under some other arrangement
with another business or individual and the tangible personal
property is not owned by you. Any tangible personal property
in your possession under a “Lease-Purchase Agreement” or a
“Security-Purchase Agreement” which obligates you to become
the owner, must be reported in Schedule A.
Schedule D-2: Leased property in DC
Complete this schedule only if you are a non QHTC and, as lessor,
rented or leased to any business or individual, tangible personal
property under a “Lease-Purchase Agreement” or a “Security-
Purchase Agreement” under which the lessee is required to
become the owner. Any other tangible personal property owned
by you and subject to a rental or lease agreement or any other
similar arrangement is reported in Schedule A.
Complete and file the following schedules, as applicable, if you
are a QHTC amending your originally filed FP-31 return.
Schedule D-3: Purchased property and QHTCs
This schedule is used to report qualifying tangible personal
property purchased after December 31, 2000, by a certified
QHTC and used or held for use by the QHTC, or leased under a
capital lease to a certified QHTC. (This schedule is in Publication
FR-399, Qualified High Technology Companies.)
Schedule D-4: Leased property and QHTCs
This schedule is used to report qualifying tangible personal prop-
erty purchased after December 31, 2000, by a non QHTC and
leased to a certified QHTC under a capital lease. This schedule
is to be completed by the lessor of the property. (This schedule
is in Publication FR-399, Qualified High Technology Companies.)
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