Business Personal Property

Taxscribe for Georgia Business Owners & CPAs

Modern personal property tax filing for Georgia — prepare your return in minutes, import fixed assets, and e-file to participating jurisdictions or email a print-ready PDF to your local assessor.

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Form PT50-P Business Personal Property Tax Return
Form PT50-A Aircraft Personal Property Tax
Form PT50-M Marine Personal Property Tax Return
Form PT50-PF Application for Freeport Exemption Inventory

What is Business Personal Property tax?

Business Personal Property tax filing in Georgia is a levy imposed on tangible property owned or used by a business for its daily operations. This encompasses various physical assets, including:

Furniture & Fixtures: Such as desks, chairs, machinery, and equipment.
Inventory: Goods held for sale, raw materials, and finished products.
Aircraft and Boats: Includes airplanes, rotorcraft, watercraft, and motors.
Other Personal Property: Machinery, equipment, and any tangible assets used for business purposes.

Who should file Business Personal Property?

All businesses possessing furniture, fixtures, machinery, equipment, inventory, aircraft, boats, or motors as of January 1st in Georgia are obligated to file a property return by April 1st. This requirement applies irrespective of business size or industry.

Filing deadline: between January 1st and April 1st annually
Late penalty: Failure to report taxable personal property by the specified deadline may result in penalties.
Exemption: PT50-PF form available for freeport exemption inventory

When you should file:

Property tax filing in Georgia must be filed with county tax officials between January 1st and April 1st annually. Failure to report taxable personal property by the specified deadline may result in penalties.

Extensions:

Extensions beyond the April 1st deadline may not be explicitly stated; however, specific counties may have individual provisions. It's advisable to consult with your county tax office for any potential extension options and associated requirements.

Important Notes About Business Personal Property:

Various forms are available depending on the type of personal property, including PT50-P for general business personal property, PT50-A for aircraft, PT50-M for marine property, and PT50-PF for freeport exemption inventory.

Business Personal Property Tax Return

PT50-P — For returning personal property of a business: furniture, fixtures, machinery, equipment, inventory, freeport inventory, aircraft, boats and motors, and other personal property.

Aircraft Personal Property Tax

PT50-A — For returning airplanes, rotorcraft, and lighter than air vehicles.

Marine Personal Property Tax Return

PT50-M — For returning boats and motors that include all craft in and above the water.

Application for Freeport Exemption Inventory

PT50-PF — To accompany the Business Personal Property Tax Return when filing for freeport exemption in a county/city that has passed freeport.

Coverage

How Taxscribe works in Georgia

Taxscribe supports Business Personal Property filing across Georgia. 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.