Business Personal Property
All businesses are required under MCL 211.21 to file a Personal Property Statement (Form L-4175) with the city in which the business has personal property by February 20th of each year. The Michigan Constitution provides for the assessment of all real and tangible personal property not exempted by law.
Business Personal Property generally consists of furniture and fixtures, machinery and equipment, computers, etc. All tangible personal property in your possession as of December 31st of the preceding year, including fully appreciated and expensed assets, must be reported.
The Personal Property Statement form is mailed each year in December. If you do not receive a form you can complete and print a copy from the state treasury website.
State of Michigan Tax Site