nm3clol-public/Russell_County/Commissioner_of_Revenue/Business%20Personal%20Property%20Form

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document	Business%20Personal%20Property%20Form	../Business%20Personal%20Property%20Form.pdf	Russell_County Commissioner_of_Revenue	null	application/pdf	223415	6f2bcd775d1ea7e26e3a525fae579418b43ed97dfff42dfe1a6a2d66f0205c32	75e2f66988f86581aa0872ff409f72225045ea04

VADEPTOETARATON 2601089 Rev as

:7 62 RETURN OF TANGIBLE PERSONAL PROPERTY, MACHINERY AND TOOLS, 20 1 7 H AND MERCHANTS’ CAPITAL — FOR LOCAL TAXATION ONLY VIRGINIA ene ont Yao sae cay rambo FER nme Tiana apne Soe

Foraiaos Te I OTT

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PART | TANGIBLE PERSONAL PROPERTY

“Motor vehicles. Last wnsesortusossuwe Ga] mee [won | tae PRO | om | omee | Aue

onal quai orth etn ener tresuton, sera) Moe on | tie

SF

{(@)Aulomobies (not daly rental passenger ca)

W)Motoreyces

(o)Aulooycies

(@) Trucks

(e)Tractors and talers

(9 Antique motor vehicles

(@)AI other motor vehicles and moter homes

2, Manufactured (mobile) offices, campers, travel trailers ard recreational camping wallers

ate wer Mero i pe ee

"3, Manufactured (mobile) homes (e08 Instructions on back)

=a A Se [ee [ee

i

(sh Vesrmseandphuran

S Alora Ment | Yer “is

FL oT

Rican es eo

Motor vehicles owned by a nonprofit organization (§68.1-3606(17)-

'8. Heavy construction machinery (attach schedule)

9 Buses uit and gst eure spat of chan’ apa oe deed sts personel propery (68.100

70. Furniture and offce equipment, including books, used in pracicing a profession.

“1. Tools, hand of power, Including woodworking equipment and metal athes

ee er ee cinched

7. Tangible personel properly used in research and development businoss.

“4, Tangible personal property, eased, oaned or otherwise made avalbl rom federal, lato or focal goverment.

45 Tui porsorl pope consi of ranma amour equbrent and perp wsedn ness 16. Miscellaneous and incidental property used in a trade or business wetseeteeeeeed

PART Il MACHINERY AND TOOLS (see instructions on Page 2) pois Sales

‘Sater

7. Machinery and tools,

8. Energy conversion equipment of MANUFACTURERS (668.3508)

PART fil MERCHANTS! GAPITAL (soe insirucions on Page 2)

18. inventory of stock on hand.

20, Dally rental passenger cars.

‘2. All other taxable merchants! capital

72 Total yable merchants capa (add nes 70,20 and 21)

PART IV_OTHER TANGIBLE PERSONAL PROPERTY

23, Total ammount of Pat IV from line 31 on the back ofthe rewurn

24. Al other tangible personal property not specifically enumerated on this return

25. Tolal (odd tines 1-18, 22, 23 and 24). eee eee wonrseeeurweeeess |

| |

FORM 762 (2017) Page 2

PARTIV OTHER TANGIBLE PERSONAL PROPERTY “ae [Seas 25 ine, mos rd one aa 7

toate i

(©) Sheep and goats. °

(d) Hogs 2

{e)Poutty — chickens, tukeys, ducks, goose, ot... (0 Equipment used by farmer oF cooperatives to produce ethanol dorived primarily ti (g)Geairs and otter feeds used forthe nurture of farm animals . {h)Gran, tobacco and other agrouturel products inthe hands ofa producer {9 Equlpment and machinery used by farm wineries in the production of wine

Fed timber, es, poles, cord wood, bark and other timber products.

2B, (a)Retigeretore, deep rez unit, ar condiioners and aulomaticretigaraing machinery {b)Vecaum deaners, sing machines, washing machines, dryers and al ather household machinery. {@}Pianos and organs, television sets, radios, phonographs and records and a other musical instruments {@) Watches and clocks and gold and siver ples nd pated ware. vee {@)0t paintings, pictures, statuary, and ather works of at __ books - {6 Diamands, cameos and other precious stones end preious melas used as omaments or jowely {@)Sporting and photographic ecuipment :

(#) Ekearms end weapons ofa kinds.

(Bicycles and lawn mowers, hand or power. () Household and kitchen furniture (sate number of rooms

(9 Albian voices, mopeds, and oftzoad motoroyles

() Etocronic communications ond processing devices.

28, Sones, pound nels, kes, Ware and oer devices for catching Th

30, Pls, wes smo, lepton orelepraph insane, appara a, onedbyanypesn sein oenreieona

3. Tol bij, tunpikes and fares (except steam fries owned and operated by chartered company)

‘32. Toal of Par IV (addins 28 thvough 31 and enter on fis 28)

GENERAL INSTRUCTIONS: Complete Form 762, reporting property which you owned on January 1, 2077, ten fl k wil tho Commissioner of

the Revenue ofthe Counly or City generally on or before May 1, 2017. Since some lcaliles have duo dates other than May 1, you may want to

contact your local office to be sue ofthe proper due date. Wit the word "None" opposite each tem of property which you do not ow. No property is

assessable as tangible personal property if defined by Va. Code § 68.1-1100 as intangible personal property. I adtional space is needed, attach a

Separate schedule, Note: I your motor vehice fs conedored by tats Law fo have a business usage, it does not qualify for Cer Tex Rell Your vehicle.

is classed as having business Usage If any of the following Crcumstances apply: 1) more than 56% ofthe mileage forthe year was reported as a

business expense for Federal Income Tax purposes a reimbursed by an employer, 2) more than 60% ofthe depreciation associated with the vehicle

is deducted as a business expense for Federal Income Tex purposes; 3) the costo the vehiceis expensed pursuant to Section IRC § 179; of 4) the vehicle Is leased by an individual and the leasing company pays the tax without reimbursement from the individual

DEFINITION OF MANUFACTURED HOMES (ALSO KNOWN AS MOBILE HOMES) FOR PART |, LINE 3: "Manufactured home" means a structure

subject to federal regulation, which fs ransportable In one or more sections is eight body feel or mote in width and 40 body feet or more infenath inthe

traveling mode, ors 320 or more square feet when erected on sito; s bul on a permanent chassis; is designed to be used as a single-family dwelling, with of without @ permanent foundation, when connected tothe required utlties; and includes the plumbing, heating, a-condiioning, and electrical systems contained inthe stucture (Va. Code § 26-85.3) “Manufactured homes" are also known as “mobile homes,”

INFORMATION FOR MISCELLANEOUS AND INCIDENTAL PROPERTY USED IN A TRADE OR BUSINESS FOR PART |, LINE 16: In order to be

considered miscellaneous and incidental property used in a trade or business, the property must not be classified as machinery and tools, merchants’

apital or shorter rental property, and have an orginal cost of ess that $260,

INFORMATION FOR PART Il, MACHINERY AND TOOLS: Ifyou are engaged in a manufacturing, mining, water welding, processing o pro

cessing, radio or television broadcasting, dary, cry cleaning of laundry business, report all machinery and tools used in manufacturing, mining, water

‘wel drling, processing or reprocessing, radio or leleviion broadcasting, dalry, dry cleaning or laundry business, such machinery and tools being

segregated by Va. Code § 58.1-3607, a3 amended for local taxation exclusively, and each county, cty and town being required to make a separate

lassifcation forall such machinery a tools.

INFORMATION FOR PART Il, MERCHANTS’ CAPITAL: Ifyou are a merchant and ilocaliy taxes the capital of merchants, repot al oer taxable

‘personal property of any ind Whateoever, except money on hand and on deposit and excent tangible personal propety not offered forsale as mer-

chandise, which tangible personal properly should be reported as such on font of this return under PART |

FOR EXECUTORS, ADMINISTRATORS, TRUSTEES, COMMITTEES, GUARDIANS AND OTHER FIDUGIARIES

ifthe is the rolun of tangle personal property, machinery and tools, or merchant” capital in tho hands of an executor, administrator, rust, cormition, Suordian of other iducary, such lucy must complete &0 much ofboth pages ofthis elun 9s pertains to such propery and, n adion, supply the Information cated for betow:

4.charactor of Fiduciary: Executor{] Adminitator["] Trustee ["] Commitee] Guardian] other] sreoy

2.Name of Estate, Trust or Ward

DECLARATION OF TAXPAYER Ideciare thatthe statement and figures submitted on both pages ofthis retum are true, fll and correct to the best ofmy knowiedge and belief. | certify that unless otherwise indicated as business use, the vehicles listed herein are fr personal use.

NOTE i amadeneoar fo ay pte wit obec area doe et bole abet comet avery matt mater

We. Code

farm product

ro) way Taya Pans aba Executors, administrators, trustees and other fiduciaries must also supply information called for on this return,