ADV-40
7/03
County:
Taxing Official:
Mailing Address:
:
Phone Number:
_______________
Tax Year
Business Personal Property Return
(File this tax return between October 1 and December 31 with the above taxing official)
Owner’s Name: ___________________________________________
Mailing Address: __________________________________________
__________________________________________
__________________________________________
Doing Business As:________________________________________
Business Address:_________________________________________
_________________________________________
Landowner’s Name: ________________________________________
Business Type: ___________________________________________
Date Established: _________________________________________
(Make necessary corrections above.)
For office use only
PRC No._________________________
Account No. ______________________
City_____________________________
School Dist. ______________________
Business ID No. ___________________
Title 40, Chapter 7, Code of Alabama 1975, requires that every person report to the county taxing official each year
a complete list of all business personal property owned by the taxpayer on October 1 of the tax year except
property which is or may be assessed by the Alabama Department of Revenue. This form must be completely
filled out and all instructions followed in order to complete the assessing process for business personal property.
State law requires that this form be signed by the taxpayer or official agent.
1. Complete the spaces provided above for doing business as (if different from the owner’s name) and provide the business
address.
2. Provide the name of the landowner.
3. Also provide the business type such as restaurant, department store, etc., and the date the business was established.
4. A complete itemized listing of all personal proper ty owned on October 1 or a copy of the depreciation schedule used
in preparing your income tax return listing the property owned by the taxpayer at the close of the fiscal year next
preceding October 1 must be provided. The depreciation schedule must be adjusted for additions and deletions
so that it will contain property owned by the business on the October 1 lien date.
Regardless of the reporting method chosen, you must provide the name or type of personal property, the year of acquisi-
tion, the cost when acquired, and any property which has been fully depreciated but was still owned on October 1.
The reported cost should include invoice price, freight, and installation cost, sales and/or use tax, extra
foundations necessary to support the equipment, and other cost incurred for the use of the property.
If you own property in more than one taxing jurisdiction within the county you must identify the property in each
jurisdiction.
PART A must be used to list your personal property or a separate schedule may be attached.
BALDWIN COUNTY
Teddy J. Faust, Jr.
PO Box 639
Bay Minette, AL 36507
251-937-0245
5. The itemized list should include all fixed assets, including but not limited to, furniture, fixtures, computers, machinery,
equipment, unlicensed motor vehicles, and add-on equipment. Multiple items of the same type of property acquired
in the same year may be listed together. For example:
Type of Property Date Acquired Acquisition Cost
10 IBM Typewriters 5/23/84 $10,000
4 IBM Typewriters 2/12/86 5,200
6. Supplies and materials used in the operations of the business that are NOT for sale are taxable and must be
reported. (i.e., office supplies, spare parts, and other consumable items.)
What was the cost of supplies and mater ials on hand as of October 1? $________________ (or monthly average)
7. Do you have licensed motor vehicles having “add-on” or “specialized” equipment (i.e. dump bodies, box type bodies,
cement drums, etc.) affixed to them? Ye s No
If yes, and you are able to separate the cost of the add-on equipment from the total cost of the motor vehicle, complete
PART A. If you are unable to separate the cost of the add-on equipment, complete PART B.
8. Do you own aircraft? Ye s No If yes, complete PART C.
9. Do you have a construction in progress or holding account? Ye s No
If yes, complete PART D using cost as of October 1.
10. Do you lease or rent any items of personal property from someone such as machinery, equipment, computers ,
furniture, fixtures, aircraft, or motor vehicles? Ye s No
If yes, complete PART E (Statement of Leased or Rented Personal Property).
11. LEASING COMPANIES having equipment located in this county m ust attach a complete listing of personal proper ty
as stated in item 4. Include with this listing the lessee and address or ph ysical location of each item of personal
property.
12. Do you have personal proper ty in y our possession or located on y our premises that is o wned by someone else ,
excluding any leased or rented equipment listed in Part E? Ye s No
If yes, complete PART F (Statement of Other Personal Property Located on Your Premises).
13. Check category below in which your business belongs?
Single Proprietor Partnership Alabama Corporation Out of State Corporation
14. If there is personal proper ty listed on this form you feel should be exempt, please note and give reasons.
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
15. Person to contact if additional information is required.
______________________________________________ Day Time Phone No. (_______)__________________
NOTICE: All Business Personal Property Returns are subject to audit and appropriate penalties as found in Title
40, Chapter 7, Code of Alabama 1975.
Under Penalties prescribed by law, I hereby affirm by entering my name in the below Signed field that to the best of my
knowledge and belief this listing, including any accompanying statements, schedules and other information is true and complete.
Date _____________________________________ Signed _____________________________________________
Title ________________________________________________
PART A
Statement of Business Personal Property
(Furniture, Fixtures, Computers, Machinery, Equipment, Unlicensed Motor Vehicles, and Add-On Equipment)
ITEM
SUPPLIES
DATE ACQUIRED
MM/DD/YY
COST
FOR OFFICE USE ONLY
VALUECOMPOSITE
PART B
Statement of Motor Vehicles with “Add-On” and “Specialized” Equipment
This section is to be used to list licensed commercial motor vehicles having “add-on” or
“specialized” equipment affixed to the vehicle, when the owner is unable to separate the cost of the
added value equipment from that of the cab and chassis. This equipment includes but is not limited
to: box type bodies , concrete mix er drums, dumping mechanisms , wrecker rigs, propane and
petroleum tanks, refrigeration equipment, limousine and hearse bodies, etc. If the owner is able to
make the separation, the added value equipment must be reported on Schedule A. Equipment and
bodies added to a vehicle after it leaves the or iginal manufacturer are not included in the values
used in computing the property tax collected at the time of vehicle registration which are published
in the Alabama Uniform Motor Vehicle Manual by the Alabama Department of Revenue. Purchase
Price must include all cost associated with the purchase of the motor vehicle including any trade-
in value. If additional space is needed, a separ ate schedule may be attached.
AIRCRAFT
NUMBER
SERIAL
NUMBER
YEAR MAKE MODEL
ACQUISITION
DATE – MM/DD/YY
ACQUISITION
COST
PART C
Statement of Aircraft
(Airplanes, Airships, Hot Air Balloons, and Avionic Equipment)
AIRPLANES AND AIRSHIPS:
ITEM
Computers
Equipment
Machinery
Furniture
Fixtures
Other __________________
COST AS OF OCTOBER 1 ANTICIPATED TOTAL COST
ANTICIPATED IN SERVICE
DATE – MM/DD/YY
PART D
Statement of Personal Property Carried As Construction in Progress
ITEM
DATE ACQUIRED
MM/DD/YY
COST COMPOSITE
MARKET
VALUE
AVIONIC EQUIPMENT (other than standard operating equipment):
DATE ACQUIRED
MM/DD/YY
COST
SUGGESTED LIFE
OF ENVELOPE
HOURS ENVELOPE USED
HOT AIR BALLOONS:
OFFICE USE ONLY
PART E
Statement of Leased or Rented Personal Property
(Furniture, Fixtures, Computers, Machinery, Equipment, Aircraft, and Motor Vehicles)
NAME AND ADDRESS OF LESSOR
ANNUAL
RENT
TERM OF
LEASE
DATE OF LEASE
MM/DD/YY
TYPE AND QUANTITY
PART F
Statement of Other Personal Property Located on Your Premises
NAME OF OWNER TYPE OF PROPERTY
AREA
OCCUPIED
ADDRESS
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