Who needs to list personal property for taxation?
K.S.A. 79-303 states, “Every person, association, company or corporation who owns or holds, subject to his or her control, any taxable personal property is required by law to list the property for assessment.” If any person, association, company or corporation has in their possession or custody any taxable personal property belonging to others, it shall be their duty to list the property with the appraiser in the name of the owner of the property. Boats are a prime example of this. State law requires that each year the boat marinas must provide a list of boats and their owners to the appraiser”s office. The appraiser then mails a rendition to the owner so they can report their personal property.
