Property and Business Personal Property( BPP) Taxes
Tarrant Appraisal District
2500 Handley-Ederville Road Fort Worth, TX 76118-6909( 817) 284-0024 https:// www. tad. org /
The Tarrant Appraisal District is responsible for local property tax appraisal and exemption administration for property in Arlington.
Each taxing unit, such as the county, a city, school district, municipal utility district, etc., sets its own tax rate to generate revenue to pay for such things as police and fire protection, public schools, road and street maintenance, courts, water and sewer systems, and other public services. Property appraisals are determined by the appraisal district and used by the taxing units to calculate and allocate the annual tax burden.
It is important for business owners to prepare for property taxes for their commercial business location.
In addition, some business owners may be responsible for paying business personal property taxes. Assets such as machinery, equipment, tools, vehicles, computers, etc. are taxable because they are used to generate income. Proprietorships, partnerships, corporations, self-employed agents, or contractors, who are in possession of assets may be required to file a report listing assets via a BPP Rendition form.
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