Personal Property Taxes

Personal Property Statements and instructions are mailed in January each year. Personal Property Tax is self-reported and is a property tax paid by businesses on machinery, equipment, furnishings and other similar items used in a business. Tangible personal property is not real estate. This form must be filed in the city or township where the personal property is located on Dec. 31 each year. Michigan Department of Treasury form L-4175 is issued under authority of the General Property Tax Act (P.A. 206 of 1893) and filing is mandatory. This statement is subject to audit by the State Tax Commission, the Equalization Department or the Assessor and must be signed at the bottom of page 1. You are advised to make a copy of the completed statement for your records. 

According to form L-4175 instructions: If all of the personal property formally in your possession has been removed before Dec. 31, you must notify the assessor at once in order to change the records accordingly. Michigan law provides that a person or entity receiving Form L-4175 must complete it and return it to the assessor by the statutory date, even if they have no assessable property to report. If you had assessable personal property in your possession on Dec. 31, you must submit a completed Form L-4175 to the assessor of the community where the property is located on or before the statutory due date (Feb. 20), even if the assessor does not send you a form to complete.

Personal Property Statement (
Form L-4175) will be mailed to you by the assessor annually.  It must be completed and returned to the assessor by Feb. 20 of each year. 

Small Business Taxpayer Exemption – MCL 211.9o (Form 5076)

The State of Michigan offers an exemption on qualified personal property. The owner of personal property may file the affidavit and claim the exemption only if the True Cash Value of all of the commercial or industrial personal property located within the city or township that is owned by, leased to, or in the possession of the owner or a related entity was less than $80,000 on Dec. 31.

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  • Mitchell ElrodAssessorEmail
  • Phone: 248-305-2704
    Fax: 248-305-2892
  • Hours: Friday8:00 am - 4:30 pm