LAMAR COUNTY APPRAISAL DISTRICT
P O Box 400
Paris, Texas 75460
Voice (903) 785-7822
Fax (903) 785-8322
CONFIDENTIAL
BUSINESS PERSONAL PROPERTY RENDITION OF TAXABLE PROPERTY AS OF JANUARY 1, 2012
Property Owner & Mailing Address:
(Please Verify Name)
CHECK IF APPLICABLE
_____I affirm that information contained in the most recent rendition statement
filed by property owner is consistent with information from the prior tax year and
accurate with respect to the current tax year in accordance with Section 22.01
of Texas property Tax Code. (If check you may skip to signature line).
Property ID:
Physical Location:
Telephone#:
Fax#:
Date Business opened:**
Date Business closed:
If Sold, Name & Address of Buyer:
Type of Business:
Check the total market value of property. ___ Under $20,000 ____Over $20,000
If you check “Under $20,000”, please complete Schedule (A). Otherwise, complete section
(B), (C), (D), & (F).
Authorized agent’s name: (if different from above)
Agent’s mailing address: (number and street)
City, State, Zip Code
Telephone#:
IF YOU MAKE A FALSE STATEMENT ON THIS FORM, YOU COULD BE FOUND GUILTY OF A CLASS A MISDEMEANOR OR STATE JAIL FELONY
UNDER SECTION 37.10, PENAL CODE.
If you fail to timely file a rendition or property report required by Texas law, the chief appraiser must impose a penalty in an amount equal to 10
percent of the total taxes due on the property for the current year. If the court determines that you filed a false rendition or report with the intent
to commit fraud or to evade the tax or you alter, destroy, or conceal any record, document, or thing or present to the chief appraiser an altered
or fraudulent record, document, or thing, or otherwise engage in fraudulent conduct for the purpose of affecting the outcome of an inspection,
investigation, determination, or other preceding before the appraisal district, the chief appraiser must impose an additional penalty equal to 50
percent of the total taxes due on the property for the current year.
Are you the property owner, an employee of the property owner, or acting on behalf of an affiliated entity of the property owner?
_____ Yes _____ No
This form must be signed and dated. By signing this document, you attest that the information contained on it is true and correct to the best of
your knowledge and belief. If you checked "Yes" above, sign and date the form on the next signature line. Notarization is NOT required.
Sign Here ____________________________________________________________________ Date ________________________________
If you checked "No" above, you must complete the following and notarization IS required:
I swear that the information provided on this form is true and accurate to the best of my knowledge and belief.
Sign Here ____________________________________________________________________ Date ________________________________
Subscribed and sworn before me this______day of ______________, 20____. _______________________Notary Public State of Texas.
Section 22.26 of the Property Tax Code states:
(a)
Each rendition statement or property report required or authorized by this chapter must be signed by an individual who is required to file the statement or
report.
(b)
When a corporation is required to file a statement or report, an officer of the corporation or an employee or agent who has been designated in writing by
the board of directors or by an authorized officer to sign in behalf of the corporation must sign this statement.
PLEASE KEEP A COPY OF THE COMPLETED & SIGNED RENDITION FOR YOUR FILES
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(A) PERSONAL PROPERTY VALUED LESS THAT $20,000
List all taxable personal property by type/category of property. If needed, you may attach additional sheets or a computer generated copy listing the information
below. If property is not at the business address listed above, please attach an additional sheet listing the location.
Property owner name/address only if you control property as a
General property description by
*Good faith estimate of market
fiduciary.
type/category
value(optional)
(B) INVENTORY AS OF JANUARY 1ST
TYPE/CATEGORY
DESCRIPTION
ESTIMATE OF
CATEGORY
**YEAR
ACQUIRED
NEW OR USED
PURCHASE
PRICE
*GOOD FAITH ESTIMATE OF
MARKET VALUE(OPTIONAL)
INVENTORY/
MERCHANDISE
RAW
MATERIALS
GOODS IN
PROGRESS
SUPPLIES
TOTALS
(C)FIXED ASSETS
FURNITURE&
FIXTURES,
OFFICE OR
STORE
EQUIPMENT,
DATA
EQUIPMENT,
ELECTRONICS
PROPERTY
ADDRESS
OR
ADDRESS
WHERE
TAXABLE
GOOD
FAITH
ESTIMATE
OF MARKET
VALUE*(OR)
HISTORICAL
COST WHEN
NEW*
YEAR ACQUIRED**
% GOOD **
2011
2010
2009
2008
2007
2006
2005
2004
2003&PRIOR
90%
80%
70%
60%
50%
40%
30%
20%
10%
YEAR ACQUIRED**
% GOOD **
2011
2010
2009
2008
2007
2006
2005
2004
2003&PRIOR
90%
80%
70%
60%
50%
40%
30%
20%
10%
REPLACEMENT COST NEW LESS DEPRECIATION
VALUE***
TOTALS
MACHINERY&
EQUIPMENT
HEAVY/
MANUFACTURING
PROPERTY
ADDRESS
OR
ADDRESS
WHERE
TAXABLE
GOOD FAITH
ESTIMATE OF
MARKET
VALUE*(OR)
HISTORICAL
COST WHEN
NEW*
REPLACEMENT COST NEW LESS DEPRECIATION
VALUE***
TOTALS
PLEASE KEEP A COPY OF THE COMPLETED & SIGNED RENDITION FOR YOUR FILES
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(D) COMPUTERS
COMPUTERS
PROPERTY
ADDRESS OR
ADDRESS
WHERE TAXABLE
GOOD FAITH
ESTIMATE OF
MARKET
VALUE*(OR)
HISTORICAL
COST WHEN
NEW*
YEAR
ACQUIRED**
% GOOD **
2011
2010
2009
2008
2007
2006 & PRIOR
68%
44%
28%
10%
5%
2%
REPLACEMENT COST NEW
LESS DEPRECIATION
VALUE***
TOTALS
(E) PASSENGER VEHICLES, TRUCKS, TRAILERS AND BUSES
YEAR MODEL
MAKE/MODEL
BODY TYPE
VIN NUMBER
APPORTION TAGS
YES OR NO,
IF YES MUST
COMPLETE
SPECIAL FORM
YEAR ACQUIRED**
HISTORICAL
COST WHEN
NEW*
GOOD FAITH ESTIMATE OF
MARKET VALUE* (OR)
(F) LEASED, LOANED OR RENTED PERSONAL PROPERTY
Name, address, phone # of
Owner of item
Description of
Property
Property
address or
address where
taxable
Good Faith
estimate of Market
Value*(or)
HISTORICAL
COST WHEN
NEW*
YEAR ACQUIRED**
PLEASE KEEP A COPY OF THE COMPLETED & SIGNED RENDITION FOR YOUR FILES
*Good faith estimate of market value is not admissible in a subsequent protest, hearing, appeal, suit or other proceeding involving the property
except for: (1) proceedings to determine whether a person complied with rendition requirements; (2) proceedings for determination of fraud or
intent to evade tax; or (3) a protest under Section 41.41, Tax Code. If good faith estimate is reported, year acquired and purchase price
(historical cost when new) are not required, or vice versa.
**Optional but important
********************************DUE DATE: APRIL 15, 2012********************************
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2012 RENDITION GUIDE
Failure to file a timely rendition with this office will result in penalties being assessed. Please read all of the information provided below and on
the rendition to ensure your compliance with the law.
The following is provided to assist taxpayers in completing Section A through F of the rendition.
Section B on the page two of the rendition form requests information on your inventory. Please indicate the basis of your figures by completing
appropriate column.
Section C through F requests information on the fixed assets used in your business. Please provide the total cost by year of acquisition for all
property on hand as of January 1, 2012 in the historical cost column. You should report all property in use or on hand even if fully depreciated
on your books or expensed. The rendition form includes the most often used percent good factors for business personal property. If you have
specialized property you may contact the Lamar County Appraisal District for appropriate factors. The percent good factors are applied to the
cost to arrive at “Replacement Cost New Less Depreciation” which is one of the areas weighed by the appraiser to arrive at an opinion of value.
If you do not wish to perform the calculations in section B through E, you may fill only the original cost for appropriate year acquisition. The
appraisal office will perform the calculation for you. The calculation example is as follows:
Original cost when new X percent good = Replacement Cost New Less Depreciation (RCNLD)
Below are guidelines that will assist you in placing property categories B through F shown on the back of the rendition form:
Section C. Furniture & Fixtures, Office or Store Equipment, Data Equipment, Electronics and Machinery & Equipment Heavy/ Manufacturing
Any Type of office furniture, retail fixtures, restaurant equipment, apartment and hotel goods and similar property. Building/contractor small
equipment, automotive industry tools, communication equipment, fast food equipment and electric powered office machines. Telephone
systems, fax machines, copy machines, point of sale equipment, and alarm systems. Heavy equipment, manufacturing and processing
equipment.
Section D. Computers
Mainframe computers, personal computers, and word processors.
Section E. Passenger, Vehicles, Trucks, Trailers and Buses
List all owned vehicles uses in the business. Leased vehicles should be reported Section F. Vehicles disposed of after January 1 are taxable
for the year and must be reported. Trucks and Trailers with apportioned tags may require a special form that you may acquire at the appraisal
district for allocation of value.
Section F. Leased, Loaned or Rented Personal Property
When required by the chief appraiser, you must render any taxable property that you own or manage and control fiduciary on January 1(Section
22.01(b), Tax Code). You must list any property leased, loaned or rented to you, regardless of tax liability. If necessary, attach additional
sheets. If you have none, please write “NONE”.
All property owned or used by the business should be reported regardless of age.
ECONIMIC LIFE OF COMPUTERS
AGE 1
AGE 2
AGE 3
AGE 4
AGE 5
AGE 6 & PRIOR
68%
44%
28%
10%
5%
2%
DEPRECIATION SCHEDULE
ECONIMIC LIFE OF FURNITURE&
EQUIPMENT & MACHINERY/HEAVY
EQUIPMENT
AGE 1
90%
AGE 2
80%
AGE 3
70%
AGE 4
60%
AGE 5
50%
AGE 6
40%
AGE 7
30%
AGE 8
20%
AGE 9 & PRIOR 10%
ECONIMIC LIFE OF PASSENGER
VEHICLES
AGE 1
AGE 2
AGE 3
AGE 4
AGE 5
AGE 6 & PRIOR
85%
70%
55%
40%
25%
10%
ANY QUESTIONS ON PERSONAL PROPERTY PLEASE CONTACT: LAMAR CAD-STEPHANIE LEE 903-785-7822
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LAMAR COUNTY APPRAISAL DISTRICT
521 BONHAM
P O BOX 400
PARIS, TEXAS 75461-0400
903-785-7822
903-785-8322 FAX
January 2012
Dear Business Property Owner:
Enclosed is a Property Tax Rendition form to use to report taxable personal property you owned and used in your business on
January 1, 2012. Examples of taxable personal property are inventory, supplies, machinery, equipment, furniture, fixtures, and
vehicles you use in your business. Also, you will find on the back a depreciation schedule that the appraisal district uses to
determine your depreciation value. It is required this year that you provide a year-end inventory list and fixed assets list
showing acquisition cost and date of purchase.
Texas Law requires all owners of business personal property in Lamar County to file a rendition with the Lamar County
Appraisal District each year. Due to changes in the law, it is required that you complete and return the enclosed
form. If you submit any other form than the enclosed form, it will be rejected. New penalties in property tax
rendition laws are as follows: For late filing or failure to file, the penalty will be 10 percent of property’s annual
taxes. For fraud or tax evasion, the penalty will be 50 percent of property’s annual taxes . In addition to your legal
requirements, there are important reasons why you should file a rendition. By filing a rendition, you will place into the record your
own opinion as to the value of your property. You will create a responsibility on the appraisal district to notify you if we increase
your property’s value. You will also have the right to protest any unjustified increase in your property’s value to the appraisal
review board.
I encourage you to complete the enclosed rendition form and return it to the Lamar County Appraisal District Office. The deadline
for filing a property tax rendition is April 15, 2012.
If you have closed your business, please return rendition with it marked at the top of the form. We need for you, at your
convenience to come by our office and fill out a form with information on your business closure.
If you have any questions, please contact Stephanie Lee at the office. Thank you for your cooperation.
Chief Appraiser
Enclosure
NOTE: THIS FORM MUST BE FILLED OUT THIS YEAR AND RETURNED BY:
APRIL 15, 2012
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