Business Personal Property
Taxscribe for Alaska Business Owners & CPAs
Modern personal property tax filing for Alaska — prepare your return in minutes, import fixed assets, and e-file to participating jurisdictions or email a print-ready PDF to your local assessor.
What is Business Personal Property tax?
Business personal property is composed of tangible assets, other than real property, held for use in a business. Taxable business personal property includes, but is not limited to; inventory, supplies, furniture, fixtures, equipment, leasehold improvements, and rental furnishings.
Who should file Business Personal Property?
Every person or business that owns or controls taxable business personal property on January 1 within the boundaries of a local taxing jurisdiction is required to file a return.
- Filing deadline
- The filing deadline for BPP in Alaska varies by municipality. Please check with your local municipality to determine your filing deadline.
- Late penalty
- There is a 10% penalty on the tax amount for not filing the assessment form timely and a 20% penalty for not filing at all.
When you should file:
The filing deadline for BPP in Alaska varies by municipality. Please check with your local municipality to determine your filing deadline.
Extensions:
You must contact your local assessor's office directly to determine their specific extension process and deadlines.
Exemptions:
The Business Property Exemption provides a tax exemption of $100,000 of assessed value for business personal property.
Important Notes About Business Personal Property:
- There is a 10% penalty on the tax amount for not filing the assessment form timely and a 20% penalty for not filing at all.
- Business personal property tax is administered at the local level in Alaska, so the form name, filing deadline, and filing extensions vary by municipality.
- All questions should be directed to your local assessor.
Coverage
How Taxscribe works in Alaska
Taxscribe supports Business Personal Property filing across Alaska. Where your jurisdiction participates in Taxscribe's e-file program, you can submit directly; elsewhere, generate a print-ready PDF and email or mail it to your local assessor. Contact us to see if your jurisdiction participates.