Is farm equipment taxable as personal property?
Yes. All farm equipment which is located in the state of Oklahoma, shall be listed and assessed as other personal property in the county which the equipment is located as of January 1st of each year. Livestock is no longer taxable in Carter County. The following are examples of taxable farm equipment: Fuel Powered Other Equipment Tractors Box Blades Brush Hogs Swathers Discs Cultivators Combines Balers How do I apply for a farm exemption permit? When listing your farm equipment with the County Assessor between January 1st – March 15th of each year, the County Assessor will fill out a farm exemption permit form provided by the Oklahoma Tax Commission. Livestock, although not taxable in Carter County must be listed along with equipment. This information will be transferred in triplicate onto the Tax Commission exemption permit form, one copy is retained, one is sent to the Oklahoma Tax Commission and one is sent to the taxpayer for their records. How does it benefit me applying for this
