Personal Property
Taxable personal property includes items used in business operations or income production, excluding real estate, and is subject to assessment for taxation.
What is Personal Property?
The Utah County Assessor is responsible for the equitable and fair assessment of all taxable properties in Utah County. Personal Property is valued based on schedules developed by the Utah State Tax Commission. All non-exempt tangible personal property is valued and assessed annually by the Personal Property Division of the Assessor's Office.
The Personal Property Division is also responsible to assess the value of motor vehicles, boats, and “manufactured housing” more commonly known as mobile homes. Registered vehicles are assessed a fee at the time of registration.
Examples of Personal Property: Furniture, fixtures, machinery, appliances, tools, signs, and office equipment like computers, phones, wall décor, etc.
BUSINESS PERSONAL PROPERTY ONLINE FILING
How is Personal Property Value Assessed?
All businesses are required to declare their taxable property to the Assessor annually by way of a self-assessing statement. The statements are mailed to all businesses on the tax rolls at the beginning of each year. The taxpayer can file an electronic copy online or fill out a hard copy and return it no later than May 15th, unless otherwise specified on the Confidential Annual Personal Property Tax Statement.
To help you estimate the remaining value of an asset over time, use our Percent Good Rate Table.
Personal Property Forms
The forms below are provided for your convenience when preparing your business personal property filing, including Schedule B and Schedule D. Use the new business owner form to add an individual to the account or register a recently purchased business. All forms can be submitted via email at personalproperty@utahcounty.gov.
Equipment list
Leased or rented equipment
New business information
Must accompany a current filing submission
Moved, closed, or sold
Claim for Refund of Motor Vehicle Fees or Sales Tax
Request of fees paid on motor vehicles
Request to be heard by the Utah County Commissioners regarding a settlement or deferral of taxes
Request for reduction in penalties / fees with Treasurer’s Office pertaining to businesses
Appeal value of mobile home
Appeal Personal Property Amount to Board of Equalization
FAQ
In order to insure compliance with the self-assessing program, random and/or referred audits may be performed by the Utah State Tax Commission Personal Property Auditing Division. The Utah State personal property auditing division performs detailed reviews of financial records and on-site inspections of taxpayers' facilities and compares those results to the statements submitted by the taxpayer. Escaped property, when discovered, may be assessed as far back as five years from the date of discovery. Property willfully concealed, misrepresented, or moved, in order to escape taxation is subject to a penalty equal to the tax on its value (U.C.A. 59-2-309).
If a property owner disagrees with the taxable value of the personal property, they may appeal by filing an application. For more information on how to file an appeal please call 801-851-8295.
All tangible property, unless exemption is provided for by the Utah Constitution and enacted by the legislature, is taxable. Property owned and used exclusively by a non-profit religious, charitable, or educational institution may be exempted upon application and approval by the Utah County Board of Equalization. Until the exemption is approved by the board, the entity is deemed taxable. Property owned by the Federal, State, or local government is exempt by virtue of its ownership. Property leased to an exempt entity is not considered exempt.
Please contact the Utah County Assessor's Office Personal Property Division at 801-851-8295 to request a closing affidavit.