Overview of Personal Property Taxation (2024/2025)
Personal Property Taxes are levied against all furniture, fixtures, computers, software, machinery and equipment of business assets. The tax rate is the same rate as applied to taxable real estate. Assets located in Paris on April 1 are taxed in Paris and are required to be reported to Paris. The Assessor’s Office mails a request for a true and perfect list of all business assets in February and the deadline for filing is May 1st. A 30-day extension can be requested by emailing your request to assessor@parismaine.org
Note: Failure to file a true and perfect list of assets bars a taxpayer’s right to appeal his or her valuation for that year, per 36 M.R.S.§ 706-A. If a business does not exist as of April 1, the taxpayer’s failure to notify the Assessor’s Office by May 1st will result in an issuance of a tax bill.
2024/2025 Due Dates to Remember
- PP Schedule Form – 5/1/2025
- BETE Application – 5/1/2025
- BETR Application – 12/31/2024
Additional Resources & Information
- 2024 General Instructions for Standard Filers
- 706A Standard Business Filing Form 2024 Word Version
- 706A Standard Business Filing Form 2024 Excel Version
- 706A 2024 Filing Sample Standard Filing
- 2024 Marijuana Business Filing Instructions
- 706A Marijuana Business Filing Form 2024 Excel Version
- 2024 706A Apartment Filing Form 2024 Excel Version
- 2024 706A Apartment Filing Instructions
- 2024 Apartment Rental Survey Form 2024 Excel Version
- BETE Application (State of Maine link)