Personal Property Tax

If you're a business owner in Michigan, and you're not exempt, you'll have to pay Personal Property tax for the furniture and equipment you own. This means you'll have to file a Personal Property Tax Statement to let the Assessor know the value of your property.

Filing Your Statement

If you need help completing this form, you can find more information about Personal Property statements by checking out the State of Michigan Personal Property FAQ here.

State law requires you to file by February 20^th every year. You can see your options to file by clicking the button below.

File a Personal Property Tax Statement

Available Exemptions

Below you'll find links to forms and additional information for personal property exemptions:

Are you a small business owner? Is your true cash value of personal property $180,000 or less? Click the button below to get started.

Apply for a Small Business Property Tax Exemption

Every year, the Assessor’s office determines the value of all taxable personal property within the City. This applies to anyone who owns a business, and it's separate from real property. Auditors go out to identify the names and locations of all businesses located in the City.

The Assessor’s office relies on Personal Property Tax Statements to determine the value of the personal property. Property owners are required to file their Personal Property Tax Statement no later than February 20th every year. Failure to file results in an estimated value by the Assessor's Office.

While processing statements, auditors flag statements that may be incorrect. If they find errors, auditors will follow up with the business owner to conduct an audit. Audits typically require a review of certain company books. In some cases, audits may also include a site inspection.

Audits are an important part of the annual personal property review program. Businesses that don't file a personal property tax statement may also be audited. Businesses selected for audit will receive a letter from the City Assessor’s office. The letter will provide the following information:

The tax years under review
The financial records to be examined
Other related information necessary to complete the audit

Results are sent to property owners at the conclusion of the audit.

Business owners should notify the Assessor’s office when they open, close, sell, or change the name of their business. Providing this information will assist in keeping accurate records.

Please notify us at GRAssessorPP@grcity.us

Forms

Acting City Assessor

Lindsey Post

Phone

616.456.3081

Property owners may schedule appointments and inspections with the Assessor's Office by calling 616-456-3081.

Fax

616-456-4608

assessorgr@grcity.us

Please send email inquiries to assessorgr@grcity.us. A representative from the department will follow up with you within 24 hours.

Location

300 Monroe Ave NW
Grand Rapids, MI 49503

Access to public records is available Monday through Friday between 8:00 a.m. and 5:00 p.m. at the Assessor's Office, located on the third floor of City Hall. No appointment is necessary.

Hours

Sunday Closed

Monday 8:00 AM - 5:00 PM

Tuesday 8:00 AM - 5:00 PM

Wednesday 8:00 AM - 5:00 PM

Thursday 8:00 AM - 5:00 PM

Friday 8:00 AM - 5:00 PM

Saturday Closed