Business Personal Property Tax

Every individual and/or corporation operating a business in Caroline County and who owns or leases equipment within the county pursuant to State and Local Law, shall file a Tangible Personal Property Return with the Commissioner of the Revenue by February 1 of each year. The required filing includes the listing of equipment or property owned on January 1, dates of purchase and the purchase price. Federal Tax schedules are required.

The tax liability is determined by the lease agreement between the lessee and lessor.

  • Business vehicles do not qualify for the Personal Property Tax Relief. Personal vehicles used more than 50% in the operation of a business are defined as business vehicles.
  • There are 3 categories of business personal property in Caroline County. They are: regular business equipment, machinery and tools, and motor carrier. Your business activity determines the category applied to your business equipment.
  • The Caroline County Board of Supervisors sets all tax rates. 

Contact Us
For assistance with business personal property or filing forms contact Tena Gibbs.

What To File
  • Business personal property tax includes items that have been purchased by the business to use, or have with the intent to use, to operate any aspect of the business.
  • Taxable assets include items that have been received free of charge, as a gift, or personal items that have been brought from home to use in the business.
  • Taxpayer property includes items that have been fully depreciated for income tax purposes regardless of age.
Fixed Asset Listing
The fixed asset list should include every item in the business - not just new purchases or items recently received.
Taxable items include but are not limited to:
  • Air Compressors
  • All Leased Equipment Baby Cribs
  • Calculators
  • Cameras
  • Chairs
  • Computer Equipment
  • Decorations
  • Desks
  • Digital Cameras
  • Electric Tools
  • Equipment
  • Fans
  • Farm Equipment
  • Fax Machines
  • Filing Cabinets
  • Film Developing Furniture
  • Hair Styling Equipment
  • Hand Tools
  • Heaters
  • Kitchen Appliances
  • Kitchen Utensils
  • Ladders
  • Lamps
  • Lap Top Computers
  • Lenses
  • Massage Tables
  • Movable Shelves and Racks
  • Mowers
  • Photocopiers
  • Play Pens
  • Pressure Ropes
  • Sanders
  • Saws
  • Storage Cabinets
  • Tanning Beds
  • Toys
  • Tripods
  • Vacuum Cleaners
  • Wall Pictures and Hangings
  • Washers
  • Yard Tools
Beginning January 1, 2013 vehicle tax will be prorated according to the number of months a vehicle is located or domiciled in the Caroline County. Taxpayers and businesses have 30 days to notify the Commissioner of the Revenue’s office of any changes (buy, sell, moved, junked, traded, totaled, etc.). Visit the Prorating page for more information.