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Since my Tangible Personal Property value was less than $25,000 in 2007, do I have to continue to file a Tangible Personal Property return?

April 26, 2017Continue file Property Return Tangible value

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Since my Tangible Personal Property value was less than $25,000 in 2007, do I have to continue to file a Tangible Personal Property return?

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Yes, your 2008 Tangible Personal Property return serves as an application and must be filed in order to qualify for this new exemption.