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, 2013
Property Owner & Mailing Address:
(Please Verify Name)
Property ID:
Physical Location:
Telephone#:**
Fax#:**
Date Business opened:**
Date Business closed:**
If Sold, Name & Address of Buyer:**
Type of Business:**
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).
When required by the chief appraiser, you must file a report listing the name
and address of each property owner that is listed in your possession or under
management on January 1 by bailment, least, consignment or other
arrangement. [Section 22.04(a), Tax Code] For this type of property, complete
Schedule F.
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), (E) & (F).
When required by the chief appraiser, you must render any taxable property that you own or
manage and control as a fiduciary on January 1. [Section 22.01(b) Tax Code For this type of
property, complete Schedule A, B, C, and/or D, whichever is applicable.
Please indicate if you are filling out this form as: _____Authorized Agent _______In a fiduciary capacity
Authorized agent’s name: (if different from above)
Agent’s mailing address: (number and street, city, state, zip code)
Telephone#:**
**Optional but important
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 – DUE APRIL 15TH
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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. If you manage or control property as a fiduciary on January 1, also list the names and
addresses of each property owner.
Note: If you are a dealer/retailer of inventory that is subject to Sections 23.121,3.124, 23.1241, or 23.127, Tax Code (alternative methods of appraising vehicles, vessels, outboard
motors, and trailers, manufactured housing, and heavy equipment) list this type of property on the appropriate Dealer’s Inventory Declaration rather than this schedule.
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)
*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
(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
SUPPLIES
TOTALS
*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.
Note: If you are a dealer/retailer of inventory that is subject to Sections 23.121,3.124, 23.1241, or 23.127, Tax Code (alternative methods of appraising vehicles, vessels, outboard
motors, and trailers, manufactured housing, and heavy equipment) list this type of property on the appropriate Dealer’s Inventory Declaration rather than this schedule.
(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*( AND)
YEAR ACQUIRED
% GOOD **
2012
2011
2010
2009
2008
2007
2006
2005
2004&PRIOR
90%
80%
70%
60%
50%
40%
30%
20%
10%
YEAR ACQUIRED
% GOOD **
2012
2011
2010
2009
2008
2007
2006
2005
2004&PRIOR
90%
80%
70%
60%
50%
40%
30%
20%
10%
REPLACEMENT COST NEW LESS DEPRECIATION
VALUE(OPTIONAL)
TOTALS
MACHINERY&
EQUIPMENT
HEAVY/
MANUFACTURING
PROPERTY
ADDRESS
OR
ADDRESS
WHERE
TAXABLE
GOOD FAITH
ESTIMATE OF
MARKET
VALUE*(OR)
HISTORICAL
COST WHEN
NEW*( AND)
REPLACEMENT COST NEW LESS DEPRECIATION
VALUE(OPTIONAL)
TOTALS
**Optional but important
PLEASE KEEP A COPY OF THE COMPLETED & SIGNED RENDITION FOR YOUR FILES – DUE APRIL 15TH
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(D) COMPUTERS
COMPUTERS
PROPERTY
ADDRESS OR
ADDRESS
WHERE TAXABLE
GOOD FAITH
ESTIMATE OF
MARKET
VALUE*(OR)
HISTORICAL
COST WHEN
NEW* (AND)
YEAR ACQUIRED
% GOOD **
2012
2011
2010
2009
2008
2007 & PRIOR
68%
44%
28%
10%
5%
2%
REPLACEMENT COST NEW LESS
DEPRECIATION
VALUE(OPTIONAL)
TOTALS
(E) PASSENGER VEHICLES, TRUCKS, TRAILERS AND BUSES
List all vehicles used for the production of income. If needed you may attach additional sheets or computer-generated listings. An exemption can apply to one passenger car
or truck that you own and use for both the production of income and non-income producing personal activities as governed by Tax Code, Sec. 11.254. An application is required.
Note: You need only list either. The good faith estimate of market value or the historical cost when new and year acquired.
Also, apportion tags have an application that can be used to allocate the value based on the percentage you ran in Texas. Application must be filled out and returned by due date.
YEAR MODEL
MAKE/MODEL
BODY TYPE
VIN NUMBER
APPORTION TAGS
YES OR NO,
IF YES MUST
COMPLETE
SPECIAL FORM
YEAR ACQUIRED
(AND)
HISTORICAL
COST WHEN
NEW* OR
GOOD FAITH ESTIMATE OF
MARKET VALUE*
(F) LEASED, LOANED OR RENTED PERSONAL PROPERTY
List the name and address of each property owner of taxable property that is in your possession or under your management on January 1, by bailment, lease, consignment, or
other arrangement. If needed you may attach additional sheets or computer generated listings.
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** AND
YEAR ACQUIRED**
*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
PLEASE KEEP A COPY OF THE COMPLETED & SIGNED RENDITION FOR YOUR FILES – DUE APRIL 15TH
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GENERAL INSTRUCTIONS: This form is for use in rendering, pursuant to Tax Code Sec. 22.01, tangible personal property used for the production of income that
you own or manage and control as a fiduciary on January 1 of this year.
FILING AND DEADLINES: Rendition statements and property reports must be delivered to the chief appraiser after January 1 and not later than April 15, except as
provided by Tax Code Sec. 22.02. On written request by the property owner, the chief appraiser shall extend a deadline for filing a rendition statement or property
report to May 15. The chief appraiser may further extend the deadline an additional 15 days upon good cause shown in writing by the property owner. Pursuant to
Tax Code Sec 22.02, if an exemption applicable to a property on January 1 terminates during the tax year the person who owns or acquires the property on the date
applicability of the exemption terminates shall render the property for taxation within 30 days after the date of termination. If the chief appraiser denies an
application for an application for an exemption for property subject to rendition pursuant to Tax Code Sec. 22.01 (a), the person who owns the property on the date
the application is denied shall render the property for taxation in the required manner within 30 days after the date of denial.
INSPECTION OF PROPERTY: Pursuant to Tax Code Sec. 22.07, the chief appraiser or authorized representative may enter the premises of a business, trade, or
profession and inspect the property to determine the existence and market value of tangible personal property used for the production of income and having a
taxable situs in the district.
REQUEST FOR STATEMENT REGARDING VALUE: Pursuant to Tax Code Sec. 22.07, the chief appraiser may request, either in writing or by electronic means, that
the property owner provide a statement containing supporting information indicating how value rendered was determined. The property owner must deliver
the statement to the chief appraiser, either in writing or by electronic means, not later that the 21st day after the date the chief appraiser’s request is received.
The statement must:
(1) Summarize information sufficient to identify the property, including:
a.
The physical and economic characteristics relevant to the opinion of value, if appropriate; and
b. The source of the information used;
(2) State the effective date of the information used;
(3) Explain the basis of the value rendered.
If the property owner is a business with 50 employees or les, the property owner may base the estimate of value on the depreciation schedules used for federal
income tax purposes. Failure to comply in a timely manner is considered to be a failure to timely render and the Tax Code requires that penalties be applied by
the chief appraiser.
PENALTIES: The chief appraiser must impose a penalty on person who fails to timely file a required rendition statement of property report in an amount equal
to 10 percent of the total amount of taxes imposed on the property for that year by taxing units participating in the appraisal district. The chief appraiser must
impose an additional penalty on the person equal to 50 percent of the taxes imposed on the property for the tax year of the statement or report by the taxing
units participating in the appraisal district if it is finally determined by a court that.
(1) The person filed a false statement or report with the intent to commit fraud or to evade the tax; or
(2) The person alters, destroys, or conceals any record, document, or thin, or presents to the chief appraiser any altered or fraudulent record,
document, or thing, or otherwise engages in fraudulent conduct, for the purpose of affecting the course or outcome of an inspection,
investigation, determination, or other proceeding before the appraisal district.
DEFINITIONS
Personal Property: Consists of every kind of property that is not real property, generally, property that is movable without damage to itself or the associated
real property.
Inventory: Personal property that is held for sale to the public by a commercial enterprise.
Type/Category: Functionally similar personal property groups. Examples are furniture, fixtures, machinery, equipment, vehicles, and supplies. Narrow
groupings such as personal computers, milling equipment, freezer cases, and forklifts should be used, if possible. A person is not required to render for taxation
personal property appraised under 23.24.
Estimate of Quantity: For each type or category listed the number of items, or other relevant measure of quantity (e.g., gallons, bushels, tons, pounds, board
feet).
Property Address: The physical address of the personal property on January 1 of the current tax year. Normally, the property is taxable by the taxing unit
where the property is located.
Address Where Taxable: In some instances, personal property that is only temporarily at its current address may be taxable at another location (taxable situs).
If you know that is the case, please list the address where taxable.
Good Faith Estimate of Market Value: Your best estimate of that the property would have sold for in U. S. dollars on January 1 of the current tax year if it had
been on the market for a reasonable length of time and neither you nor the purchaser was forced to buy or sell. For inventory, it is the price for which the
property would have sold as a unit to a purchaser who would continue the business.
Historical Cost When New: What you paid for the property when the property was new, or if you bought the property used, what the original buyer paid when
it was new. If you bought the property used, and do not know that the original buyer paid, state what you paid and note that you purchased it used.
Year Acquired: The year that you purchased the property.
Consigned Goods: Personal property owned by another person that you are selling by arrangement with that person. If you have consigned goods, report the
name and address of the owner in the appropriate blank.
Fiduciary: A personal or institution who manages property for another and who must exercise a standard of care in such management activity imposed by law
or contract.
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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 2013
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, 2013. 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 rendition a depreciation schedule that the appraisal district
uses to determine your depreciated value. It is recommended 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 the law, it is required that you complete and return the enclosed form. If you
submit any other form than the enclosed form, it is subject to be rejected. 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, 2013.
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, 2013
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2013 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, 2013 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:
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.
Computers
Mainframe computers, personal computers, and word processors.
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.
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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