Business Personal Property
Personal Property, unlike real property, is not subject
to the restrictions of Proposition 13 and is instead assessed
each year at its full market value as of the lien date
(January 1). Although assessed differently, the tax rate
for both personal and real property at the same location
is the same.
Business Personal Property is reported to the Assessor
annually on a form known as the Business Property Statement
(BPS) - Form BOE - 571 - L(or F). Any business owner to
whom the Assessor sends a written request to file must complete
and sign a Business Property Statement that lists the cost
of supplies, equipment, and fixtures at each business location
as of the lien date (January 1). Additionally, anyone owning
business personal property with a cost exceeding $100,000
must also annually file a Business Property Statement whether
or not the Assessor requests they do.
Businesses who must file Business Property Statements in multiple Counties may find it beneficial to file via SDR (Standard Data Record). Please click HERE to go to the SDR website for more information.
If you do not receive a Business Property Statement between January
1 and March 1, or have other questions, please contact
the Assessor's Personal Property Division at (559) 675-7710
(8am-5pm, weekdays), or by fax at (559) 675-7654.
Privately and commercially-owned vessels and aircraft
are also subject to personal property taxes. On the other
hand, certain types of personal property are exempt from
property tax and among these types are: household personal
effects, business inventories, and licensed vehicles (i.e.,
those paying an in-lieu property tax as part of their
registration fee).
Click here to open our general Business
Personal Property Frequently Asked Questions.
Click here to open our personal property Aircraft
Frequently Asked Questions.
Click here to open our personal property Vessels
Frequently Asked Questions.
Click here to open California
State Board of Equalization Personal Property Frequently
Asked Questions.
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Contacting Us  |
Madera County Assessor's Office
200 W. 4th Street
Madera, CA 93637
Telephone: (559) 675-7710
Fax: (559) 675-7654
Office Hours: 8:00 AM to 5:00 PM
Monday through Friday
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