Assessing personal property
Personal (Business) Property is subject to taxation in Maine; the full requirements of the law can be found in 36 MRSA Sec. 601-612 and Sec. 706-A. To assist businesses with this requirement, the Assessor’s Office mails a declaration form every early March to all business taxpayers. Businesses are requested to provide the Assessor with a true and perfect inventory list of all personal property which was in the possession of the business as of April 1st of that year. For your convenience, the personal property declaration letter and form are available to download in pdf form from our webpage. The deadline to file a personal property list is May 1st of each year. Previous year’s personal property record card can be made available upon request.
Business owners often have questions about what should be included on the declaration form. Please call our office if you have any questions, 207-767-7604 You may also wish to read our Frequently asked questions regarding Business Personal Property
Personal Property Declaration Form (Updated March 2023)
Depreciation Schedule (Updated March 2022)
Business Equipment Tax Exemption (BETE) and Business Equipment Tax Reimbursement (BETR)
The State of Maine provides a property tax exemption for certain items of business personal property (the Business Equipment Tax Exemption program). The Business Equipment Tax Reimbursement program, reimburses businesses for taxes paid on certain items of business personal property.
Basic information about the Business Equipment Tax Exemption program. Additional information can be found at the Maine Revenue Services website, or by calling Maine Revenue Services at 207-624-9404.
Maine Business Equipment Tax Exemption (BETE) Program (due by May 1, 2023). If you need an extension of time to complete the BETE application, please contact our office at (207) 767-7604 or email Andrew Kriger
Maine Business Equipment Tax Refund (BETR) application. The application for a refund of taxes paid in 2023 will be available in August 2023, and must be returned to the state by Dec 31, 2023. Additional information on the BETR program is available from the Maine Revenue Services website or by calling Maine Revenue Services at 207-624-9404.