What are personal property taxes?
All personal property located in the Commonwealth of Massachusetts and personal property belonging to the residents of the Commonwealth wherever located, is subject to taxation unless expressly exempted by law.

For Fiscal Year of 2013 the City Council, at the request of the Mayor, voted in new legislation to raise the minimum taxable valuation on business personal property accounts from the low value of $500 to a more reasonable minimum value of $10,000. Passing this legislation helped the Mom and Pop and small corporate businesses that exist in our town.

Show All Answers

1. What are personal property taxes?
2. What property is taxable?
3. Where is personal property assessed?
4. What is the Form of List?
5. Is there a penalty for not filing a Form of List?
6. Can personal property tax be abated?