ANY PERSON owning or in possession of taxable personal property having situs in Jefferson County as of January 1, 2016 at 1:00 am is required to file a return with the County Assessor on or before March 15, 2016. A penalty is provided for late filing.
TAXABLE PERSONAL PROPERTY is machinery, equipment, furniture, shelving, display cases, tools and similar property used in a business or to earn income.
LEASE EQUIPMENT is taxable to the person or persons in possession unless otherwise stated in the agreement.
ITEMS NOT TAXABLE are inventory, stock in trade held for sale, household furnishings and goods for personal use. Also, all livestock, poultry, fur-bearing animals, bees and farm machinery used in planting, cultivating and harvesting of farm crops.
ORS 308.290 states in part, “…failure to receive or secure a form shall not relieve the person, managing agent or officer from the obligation of making any return…” Forms can be obtained by contacting the Assessor’s Office, 541-475-2443.
JEFFERSON COUNTY ASSESSOR
Publish: February 3, 10, 2016