[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.
In compliance with State Tax Form 2, FORM OF LIST, Return of personal
property subject to taxation, a penalty may be assessed for not filing,
filing late or not complying with an audit.
C.
As stated on this form: "If you do not file a return for the fiscal
year and comply with audit requests for books, papers, records and
other data, the assessors cannot abate for overvaluation of the personal
property for that year. If your return is not filed, or you do not
comply with audit requests, on time, the assessors can only abate
if you show a reasonable excuse for the late filing or the tax assessed
is more than 150% of the amount that would have been assessed if the
return had been timely and properly filed. In that case, only the
amount over that percentage can be abated."
D.
The Assessors shall apply a penalty of 10% per year when no filing
is made to a maximum of 100% penalty.
