Town of South Hadley, MA
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2023-05-10
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Division 3: Policies
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Chapter 439 Personal Property Policies
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Article I Business Model Use Policy
- Division 1: Bylaws
- Part I: Administrative Legislation
- Ch 1 General Provisions
- Ch 7 Boards, Commissions and Committees
- Ch 18 Elections and Elected Officials
- Ch 24 Human Rights Commission
- Ch 39 Officers and Employees
- Ch 46 Penalties and Enforcement
- Ch 61 Records and Reports
- Ch 65 Revolving Funds
- Ch 72 Town Meetings
- Ch 77 Town Property
- Part II: General Legislation
- Ch 105 Alarms
- Ch 110 Alcoholic Beverages
- Ch 115 Amusement Devices
- Ch 120 Building Construction
- Ch 123 Buildings, Numbering of
- Ch 136 Residential Short-Term Rental Units
- Ch 138 Farming
- Ch 141 Fees and Charges
- Ch 142 Redemption of Tax Title Real Estate
- Ch 145 Firearms and Weapons
- Ch 153 Ice Cream Truck Vendors
- Ch 158 Junk and Secondhand Dealers
- Ch 166 Licenses and Permits
- Ch 171 Lighting, Outdoor
- Ch 175 Marijuana
- Ch 177 Mobile Food Vendors
- Ch 179 Nuisances
- Ch 190 Peddling and Soliciting
- Ch 194 Pets and Domesticated Animals
- Ch 196 Plastic Bags
- Ch 200 Stormwater Management
- Ch 207 Tag Sales
- Ch 218 Trailers
- Ch 223 Trees
- Ch 230 Vehicles
- Ch 235 Vending Machines
- Ch 237 Water
- Ch 240 Wetlands
- Ch 245 Earth Removal
- Ch 255 Zoning
- Division 2: Regulations
- Ch 300 Board of Health
- Ch 305 Conservation Commission
- Ch 310 Council on Aging
- Ch 315 Department of Public Works
- Ch 335 Library Trustees
- Ch 345 Planning Board
- Ch 350 Recreation Department
- Ch 360 Subdivision Regulations
- Division 3: Policies
- Ch 400 Benefits
- Ch 401 Certified Abutters List Fee Policy
- Ch 402 Complete Streets
- Ch 403 Criteria for Land Acquisition or Acceptance
- Ch 406 Damage Claims
- Ch 407 Deferrals/Continuations of Public Hearings
- Ch 408 Departmental Receipts and Turnover Policy
- Ch 414 House Numbers
- Ch 418 Inspectional Services
- Ch 427 Library Policies
- Ch 429 Lot Splits and Subdivision Policy
- Ch 431 Motor Vehicle Excise Tax Abatement Filing Policy
- Ch 439 Personal Property Policies
- Ch 439 Art I Business Model Use Policy
- § 439-1 Business model use policy enumerated.
- Ch 441 Personnel Policy
- Ch 451 Rear Acreage Land Valuation Policy
- Ch 452 Restricted Land Valuation Policy
- Ch 453 Social Media
- Ch 457 Trees
- Ch 460 Town Property, Use of
- Ch 472 Vehicles, Town-Owned
- Ch 478 Workplace Policy Manual
- Appendix
- Ch A500 Acceptances
- Ch A501 Special Acts Applicable to Town
- Derivation Table
- Ch DT Derivation Table
- Disposition List
- Ch DL Disposition List
[Adopted 3-14-2015]
A.
Pursuant to Massachusetts General Laws, Chapter 59, § 29,
notice is given to all persons subject to taxation to provide a true
list of their personal estate in that town not exempt from taxation.
This list is to be provided annually on a form prescribed by the Commissioner
of Revenue.
B.
For compliance with this statute, annually, on or about December
31, the Assessors' office mails out a Form of List to all business
entities (individuals, partnerships, associations, trusts, LLCs and
corporations) they are aware of within the jurisdiction for reporting
back the personal estate held as of January 1.
C.
If a return is not filed, pursuant to Massachusetts General Laws,
Chapter 59, § 36, Assessors shall ascertain as nearly as
possible the particulars of the personal estate, as owner or otherwise,
of any person not supplying a list (under MGL c. 59, § 29),
and shall estimate its value, according to their best information
and belief.
D.
To be fair and equitable to similar businesses, the Assessors shall
apply a business model in estimating the fair cash value of a business's
estate when a value is being estimated under MGL c. 59, § 36.
E.
The following business models shall be used to estimate the value
of an account when a Form of List is not returned or not complete:
F.
Pursuant to Massachusetts General Laws, Chapter 59, § 37,
such estimate shall be entered in the valuation book, and, except
as provided in § 61, shall be conclusive upon any person
not seasonable bringing in such list, unless he shows a reasonable
excuse for the omission.
G.
A penalty shall be applied to those accounts that do not make a return
pursuant to the personal property penalty policy.
