Are you a business owner in Douglas County who owns, leases, or has borrowed business personal property with a total market value greater than $52,000? If so, by state law, your deadline is Monday, April 17, 2023, to report the property to the County Assessor.
Approximately 3,000 Douglas County businesses will receive a 2023 Business Personal Property Declaration Notice, instructing them how to view, download and print an asset listing, as well as how to file the full declaration online at DouglasFilesOnline.org
Several options are available for filing a declaration:
- File Online – once a property record has been established, businesses have the option to view and file their asset listings online. Online filing saves time, reduces paperwork and improves efficiency. Businesses that file electronically will receive an email confirmation.
- File by mail – the declaration must be postmarked by April 17 to be considered timely. An asset list, spreadsheet, or Federal Depreciation Schedule (form #4562) may be attached to the form.
- File by email – a scanned copy of the declaration may be emailed to [email protected].
County Assessors are required by Colorado Statute to value all business personal property for taxation purposes. Business personal property includes machinery, equipment, and leasehold improvements specific to business purposes. All personal property is taxable in Colorado unless specifically exempt by the Colorado Constitution.