What are examples of TPP that must be reported?
All trade furniture, fixtures, and equipment are TPP. Examples of TPP include appliances, computers, communications towers, copiers, equipment, faxes, file cabinets, fixtures, furniture, leasehold improvements, machinery, phones, radios, safes, scanners, security systems, signs, tools, TV’s, underground tanks, utility wires and poles, supplies and leased equipment. Property owned by others but is located at your business and/or used in your business must be reported. Property that you personally own and use in your business must be reported. Licensed vehicles designated as a tool rather than a hauling vehicle must be reported. Examples are towing equipment, cranes, pump trucks, loaders forklifts, and excavators.
