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Assessor-Treasurer
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''Our office works for you, the taxpayer''
Personal Property General Information

Personal Property is property that is characterized by it's mobility. Land and improvements are considered Real Property. Personal Property is generally used in the operation of business activities and includes, but is not limited to furniture and fixtures; machinery and equipment; supplies and materials not held for sale or do not become an ingredient or component of an article being produced for sale.

There are two types of Personal Property: tangible items which have physical existence and intangible items which consist of rights and privileges having a legal but not a physical existence.

Some Personal Property is excluded from taxation. This includes livestock, inventories held solely for resale, intangible property except for software licenses and personal effects and household goods in actual use by their owner. RCW 84.04.080


Personal Property values are based on reported cost, year of acquisition and type of asset. Valuation Tables are provided by the Washington State Department of Revenue. These tables are used to determine the market value and Value Change Notices are mailed to the property owner each year after the property has been assessed. All Personal Property is subject to assessment and taxation except items exempted under RCW 84.36.005 & RCW 84.36.070.

Property tax statements are mailed during February each year. If the amount of tax due is $50.00 or less, full payment is due by April 30. If the tax due is over $50.00, half of the amount may be paid by April 30 and the balance by October 31 without incurring a penalty for late payment.

According to the state law RCW 84.40.030, assessors are required to value all taxable property at 100% of its true and fair market value taking into consideration the highest and best use of the property, this includes Personal Property.


Personal property is subject to the same levy rates as real property. Business property owners are required to file an annual listing of Personal Property used in the conduct of a business by April 30 each year. Personal Property affidavits must list all taxable property located in the county as of 12:00 noon on January 1 of that year. Business property owners are required to file a separate affidavit for each business location in Pierce County. This is because we must, by law, allocate assessed values to the taxing district in which the property is located.

Each year, after a personal property account is established, property owners will be mailed an affidavit at the beginning of each calendar year. By April 30, the property owner must certify that the list is correct, make any adjustments necessary, sign and return the affidavit to the Assessor-Treasurer's office. By law, property owners are responsible for filing the personal property affidavit every year. This is true even if the property owner does not receive an affidavit in the mail. The penalty for failing to file a personal property affidavit is 5% of the tax due per month, up to a maximum penalty of 25% on the total assessed tax.

Affidavits are available by calling the Assessor-Treasurer's office at (253) 798-7130.

We also offer classes March and April which give instruction on how to fill out the personal property affidavit. You may register by calling (253) 798 -7130 or 1-800-992-2456 ext. 7130 or filling out our on-line form.


The following forms are available for download in a portable document format (PDF). In order to read and print these forms, you must have the Adobe Acrobat Reader 6 or later.

New Business Accounts fill-in

Personal Property Valuation Guidelines

Property owners must fill out a New Business Account form when you start a business to avoid penalties:
Destroyed Personal Property fill-in

Taxpayer's claim for reduction of Assessments:
Exemption of Farm Machinery and Equipment fill-in

Personal Property Category Codes
Instructions for Completing the Affidavit

Need help completing your Personal Property Affidavit?
Each year you can attend a Personal Property Workshop.

Sign up for a Workshop. Click here for Online signup

2401 South 35th Street Room 142
Tacoma, WA 98409
Hours: 8:30 - 4:30
Customer Service Hotline (253) 798-6111



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Last Modified
Oct 27 2009 8:15AM