Computers can include personal computers, computer equipment, servers, or mainframe equipment which store, retrieve and process data. Certain components of a computer could be exempt depending on the function they serve in operating the computer.
When appraising business personal property (BPP) as described above, the appraisal district uses one or a combination of one of the following methodologies: Year of Acquisition, Book Value to Market Value Conversion, Net Book Value and New Age Mix, plus the use of standardized depreciation tables to determine the property tax value of a BPP account.
Exemptions may also be applicable.
Contact Bettencourt Tax Advisors, LLC for more information on how BTA's property tax consultants can help you lower your property tax values.