Yes. Property tax exemption is not automatic. You must file an application for exemption with our office and certain criteria must be met.
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Taxable personal property includes machinery, equipment, furniture, fixtures, etc. held for use in a business. This includes property not currently in use, and property held in storage.
The Assessor is responsible to value and assess all taxable personal property that is located in the county on January 1st each year at 100% of its real market value (RMV). Oregon law requires that each individual, partnership, firm, or corporation having taxable personal property in their possession or control, must file a return listing all property by March 15th each year.
If you filed a return in prior years, you will file online. If you are filing for the first time, you must complete the entire form with these steps:
Yes. You must report all personal property that is associated and used in the ordinary course of business. Example: John operates an auto repair shop and uses his personal tools in the business. The tools are taxable as business personal property and must be reported.
You will report the equipment and estimate the current market value. Enter your estimate of value in the Owner’s Opinion of Market Value box, and add a note stating that the asset was a gift. When estimating the equipment’s value consider what it would cost to replace the asset, or if you were to sell that asset, the price you would accept.
Yes. You must report all personal property used in conjunction with the business regardless of whether the assets are borrowed, owned, leased, rented, or from your home. Report leased and rented property on Schedule 1.
Yes, you must report all personal property used in your business. You will report rented or leased property on Schedule 1 and include all information requested in that schedule. Oregon law requires both lessor/lessee and owner/renter to report. If you do not know the cost information of the property, provide your opinion of value with a notation that cost information is not available.
Yes. Explain your situation and provide the landlord’s name and mailing address, along with a full list of all assets. Do not forget to report any small items you own, including any personal items you brought from home, and supplies.
Yes. You must complete Schedule 1 of the return. Refer to question 7 about using others’ equipment for more information.
Yes. All equipment used in your home business is business personal property. Report the full cost of all equipment. Do not prorate the cost based on personal use versus business use.
Supplies are any item consumed in your business. Examples include:
Supplies vary widely depending on the type of business. Materials or supplies that become part of the finished product are considered inventory and therefore not taxable.
There is no provision in Oregon law to amend a return. However, if you made an error on your return, or have additional information to report, email Personal Property or call the Assessor’s office at 541-440-4222.
The asset list does not contain values. The asset list is simply a convenience for you so you do not have to re-list all Schedule 5 property each year.
Yes. You must report when you closed, and what you did with the personal property asset
Yes. Notify our office at 541-440-4222 regarding the sale and we will contact the new owner.
No. Any arrangement regarding personal property tax liability is the responsibility of the buyer and seller.
Yes. The law requires that all taxable personal property be assessed as of 1 am, January 1st regardless of what transpires after that date.
Yes. A business may not be open for business but may have taxable personal property. For example, on January 1st a pizza parlor is under construction and nearly ready for opening. Although the business is not yet open, the assets are in the owner’s possession (furniture, ovens, signage, cash registers, supplies, etc.) and are taxable as of January 1st.
The penalty is a percentage of the tax and is determined by the date the return is filed. Returns filed after March 15th and on or before June 1st are subject to a 5% penalty; after June 1st and on or before August 1st the penalty is 25%; and after August 1st the penalty is 50%. If you do not file a return you will receive a 50% penalty.
Exempt status is not automatically granted, you must make an application with our office and meet certain criteria. If an exemption is granted it is for owned property only, you still have to report leased or rented property and make a separate application for that property.
If a property owner refuses to file the return, the Assessor is required to use the best information available to estimate the real market value of the property. In addition, a 50% penalty for failure to file the return will also be imposed.
The following list identifies the cities and towns located within Douglas County, Oregon. An asterisk (*) indicates that the entity is not incorporated.
Douglas County Courthouse1036 SE DouglasRoom 206, Main FloorRoseburg, OR 97470Phone: 541-440-6105Fax: 541-957-2091
HoursMonday through Friday8 am to 5 pm
Appointments are recommended