Personal Property

Tax Day is December 31, 2023.

The location, condition, and attributes of assessable personal property and ownership of that property for tax assessment purposes during the subsequent year are determined as of Tax Day. No change in ownership, location, condition, or taxable status of the assessable property after Tax Day affects the assessment or liability for taxation except as explicitly provided by statute. 

 

You should file your required form after January 1, 2024, and until the deadline. See details below.

Reporting Process

At the end of each year, the Assessing Department mails out blank Personal Property Statements to all known businesses except qualified continued Small Business Taxpayer Exemption holders. If, for some reason, your business does not receive a blank statement, then you should contact the Assessing Department to verify the correct mailing address is on file. A blank form may also be downloaded from this site.

The Personal Property Statement is an annual declaration of a business’s assets as of December 31 of the prior year (Tax Day). The information on the statement is confidential and discussed only with the person who signed the statement (usually the owner) or an authorized representative. Therefore, only these two individuals may receive copies of any previously filed statement. There are also various personal property exemptions available (*see below).

The original costs of all assets must be reported on the line for the original year of acquisition. For example, you would report a new desk purchased in 2019 for $400 on the 2019 line of section A (furniture and fixtures) at the cost of $400. The State Tax Commission has set the depreciation multipliers for each year and section. In addition, all written-off equipment must be reported. Even if an asset is fully depreciated according to accounting standards, it must still be reported on the personal property statement.

Filing Requirements

Except for Small Business Taxpayers (see the section below), all businesses/parcels are required to annually, correctly, and timely file one of the following forms by February 20:

  • Personal Property Statement (Form 632)
  • Eligible Manufacturing Personal Property Tax Exemption Claim and Report of Fair Market Value of Qualified New and Previously Existing Personal Property (Form 5278)

Small Business Property Tax Exemption Claim (Form 5076)

There are two types of Small Business Property Tax Exemption claims: “less than $80,000” and “$80,000 to less than $180,000”.   Please note the different filling requirements below.

Click here for the 2024 mailing insert regarding exemptions.

Click here for the latest State Tax Commission Guide to Small Business Taxpayer Personal Property Exemption.

Personal property valued at less than $80,000 

To claim this exemption, Form 5076 must be filed with Clinton Township Assessing by February 20, 2024 (postmark acceptable). Once the exemption is granted for personal property valued at less than $80,000, the taxpayer will continue to receive the exemption (no need to annually re-file) until they no longer qualify. At that time, the taxpayer must file a rescission form and a personal property statement no later than February 20 of the year the property is no longer eligible. Please see the guidelines for more details.

Personal property valued at $80,000 or more but less than $180,000 

To claim this exemption, Form 5076 must be filed with Clinton Township Assessing no later than February 20, 2024 (postmark acceptable), ALONG WITH a completed Form 632 Personal Property Statement as an attachment to Form 5076. Taxpayers are required to claim this level of Small Business Exemption annually. Please see the guidelines for more details.

For all Small Business exemptions

The Assessing Department conducts audits to ensure eligibility for the exemption. Per MCL 211.9o, a person who claims this exemption shall maintain books and records and shall provide access to those books and records. The Assessor may remove current and three years of prior claims. The taxpayer will be billed for the additional taxes plus interest and penalties.

Incomplete, Late, Denied Exemption Forms 

All forms must be filled out in their entirety. Failure to completely fill out the form can be cause for non-acceptance or denial of the form/exemption. In addition, taxpayers should pay particular attention to including their contact information, phone number, and email address. Taxpayers receiving an exemption denial will receive written notice, including the reason for the denial and information on how to appeal.

Late-filed exemption forms may be filed directly with the Clinton Township March Board of Review before the closure of the March Board of Review. Taxpayers must directly contact Clinton Township Assessing to determine March Board of Review dates.

Going Out of Business?

Businesses closing or moving out of Clinton Township before tax day, December 31, must notify the Assessing Department as soon as possible at 586-286-9468 to keep records up to date. Businesses still operating on December 31, 2023, are responsible for both Summer and Winter Bills in 2024. In addition, a business must provide a forwarding address and closing date to prevent delinquency.

New Businesses

If you are a new business owner, please fill out and submit a New Business Questionnaire (PDF). In the fall, assessors will canvass the area for additional information needed.

Vendor Accounts

There are Clinton Townships in Lenawee County and Oscoda County, as well as the city of Clinton, Michigan. Many times, these accounts get confused. Be sure you are reporting to the correct community to ensure you get the most accurate assessment. 

Report all of your locations to the correct Clinton Township, Michigan. We are Clinton Township in Macomb County, and our zip codes are 48035, 48036, and 48038. 

Your accounts are divided among the five school districts in Clinton Township. As a result, your parcel number will end in 016, 017, 018, 019, or 020, each denoting a different school district.

  • 016 - Chippewa Valley Schools
  • 017 - L'Anse Creuse Public Schools
  • 018 - Clintondale Community Schools
  • 019 - Fraser Public Schools
  • 020 - Mount Clemens Community Schools

If you are unsure which account to place a location on, use our Public Record Data Link to look up the address or contact us at 586-286-9468.