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Commissioner of Revenue - Personal Property Tax

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1. Who sets the Personal Property tax rate?

The Board of Supervisors establishes the rate each year.

2. How is my automobile or truck appraised for tax purposes?

The Commissioner's office uses the NADA valuation service as the basis for valuing all vehicles in Mecklenburg County. Each vehicle is assigned the Clean Loan Value.

3. Why am I being taxed on a vehicle that I did not own on January 1st?

Assessments are based on ownership as of July 1 of the current tax year.

4. What is the assessment cycle for businesses and mobile homes?

The assessment cycle is the County's fiscal year which runs from July 1 through June 30 of the next year.

5. What should I do when I purchase or no longer own an automobile, motorcycle, truck, boat trailer, utility trailer, camper trailer, or manufactured single wide?

Notify our office and the Department of Motor Vehicles.

6. What should I do when I no longer own a boat?

Notify our office and download the Notification of Change in Status of a Numbered Vessel (PDF) form from the Department of Game and Inland Fisheries.

7. What should I do when I purchase a boat?

Notify our office and download the Application for Watercraft Certificate of Title and Certificate of Number (PDF) form from the Department of Game and Inland Fisheries.

8. Does turning my tags in to the Department of Motor Vehicles (DMV) dispose of my vehicle?

No, it is necessary to let the DMV know that your vehicle has been sold.

9. Does Mecklenburg County prorate taxes?

No.

10. Do I need to notify the Commissioner of the Revenue when I start a business?

Yes, Please complete the Business Registration Form (PDF) and mail, fax, or email back to our office; visit the Personal Property page to locate all contact information for our office. We also encourage prospective businesses to contact the Zoning office to check on compliance with the zoning ordinance before building or opening a business.

11. When do I report Business Personal Property and Merchants Capital (inventory) amounts?

These amounts are reported to the Commissioner's office by August 1st of each year. Download the Business Return of Tangible Personal Property and Instructions (PDF) to learn more.

12. What do I report for Business Personal Property?

Some of the major items that must be reported include:

• Computer equipment
• Equipment
• Furniture
• Inventory for sale

Forms and instructions are mailed to you each year. Download the Business Return of Tangible Personal Property and Instructions (PDF) to learn more.

13. When do I report machinery / tools amounts?

These amounts are reported to the Commissioner's office by August 1st of each year. Download the Business Return of Tangible Personal Property and Instructions (PDF) to learn more.

14. What do I report for machinery / tools?

Report the original capitalized cost by date of purchases for all machinery and tools used in the following businesses:

• Dairy
• Dry cleaning
• Laundry
• Manufacturing
• Mining
• Processing or reprocessing
• Radio or television broadcasting

Forms and instructions are mailed to you each year. You may also download the Business Return of Tangible Personal Property and Instructions (PDF) to learn more.

15. What are the current depreciation factors and tax rates?

Visit the Personal Property page to view the current depreciation factors and tax rates.

16. If I move out of Mecklenburg County to another locality within Virginia, what must I do?

First, notify the DMV, providing them with your move date and the new garage jurisdiction. Second, notify our office and third, contact the locality you have moved to and provide them with your vehicle information.

17. What do I need to do if I buy or sell a vehicle out of state?

You need to notify our office as well as the DMV. Please bring a bill of sale showing your sale or purchase amount as well as the seller's and purchaser's name and address to our office. You will need to provide the DMV with the same information.

18. What do I need to do if my address changes?

Complete and submit a Change of Address (PDF) form. Visit the Personal Property page to obtain contact information for our office.

19. How do I or my agent register to participate as a transient occupancy provider?

Complete the Transient Occupancy Tax Registration (PDF) form and submit it to the Commissioner of Revenue's office by mail, fax, or email; visit the Personal Property page for more details on how to contact our office.

20. When do I report transient occupancy receipt amounts?

These amounts are reported to the Commissioner of Revenue's Office each month by the 20th on the Transient Occupancy Monthly Remittance (PDF) form.