Real Estate Property Returns
Effective 1996, real estate property tax returns are received in the Tax Assessors office. You are required to file a return
if there have been any changes in your property (additions, deletions, changes in acreage, mailing address, etc.) You may also
file a return if you feel that the value placed on your property does not reflect "fair market value".
THE TAXPAYER RECEIVES AN ASSESSMENT NOTICE EVERY YEAR SHOWING THE CURRENT VALUE OF THE BOARD OF TAX ASSESSSORS.
If you do not agree with that value, you will have 45 days from the date of the notice to file an appeal. Appeal
instructions will be on the notice. All returns must be filed between January 1 and April 1. All returns must be
postmarked by the post office no later than April 1. O.C. G. A. 48-5-10
PT-50R -- Real Estate Property Tax Return (Download Form Here)
Personal Property Tax Returns
Notice: inventory must still be reported!
On November 2, 2010, Georgia Voters approved exempting all inventory of a business from STATE ad valorem tax.
This does not however exempt this same inventory from local (county, city, school, etc) ad valorem tax. Business
personal property inventory REMAINS TAXABLE for the county, school, municipal, etc. purposes. Businesses that fail
to timely report inventory will be subject to appropriate penalties.
Effective January 1, 2003, a 10% penalty will be added on items not previously returned if the Personal Property Return is not
filed by April 1.
Georgia law requires that all tangible personal property be assessed at "fair market value". This includes, but is not limited to, boats, other marine
equipment, airplanes, agricultural equipment (if taxpayer files a Schedule F with their federal income tax return) and all business equipment,
furniture, fixtures, supplies and inventory with a total Fair Market Value of $7,501 or more.
Some businesses may be eligible for Freeport Exemption on their inventory. Carroll County allows 100% Freeport Exemption on eligible inventory. This is
NOT an automatic exemption. It must be applied for each year. Rules applicable are very specific, but generally include:
- Raw materials and goods in the process of manufacture or production.
- Finished goods manufactured or produced within the State of Georgia, held by the original manufacturer, and held no more than 12 months
from the date it is manufactured or produced.
- Inventory of finished goods destined for out-of-state shipment.
Please call our Personal Property Department for specific requirements for Freeport Exemption, if you feel you may qualify. 770-830-5812
At the beginning of each year a return/reporting form is mailed to all tangible personal property owners of record. Failure to receive a form
does not relieve you of the responsibility of filing the return. Forms may be obtained in our office. These forms must be
returned to our office or postmarked by the post office no later than April 1. If you feel the form is not applicable, return it with an explanation.
Either way, the form must be returned or the Board of Assessors will have to estimate the value of your property.
Should the Board of Assessors make a change in the value that you have returned for your tangible personal property, you will receive an
"assessment change notice" showing the changed value. If you do not agree with this value, you will have 45 days from the mailing date to file an appeal with
our office. Instructions for filing an appeal will be included with the notice.
PT-50A -- AirCraft (Download Form Here)
PT-50M -- Marine (Download Form Here)
PT-50PF -- Freeport Exemption (Download Form Here)
Supplemental Information Request for Freeport Exemption Application (Download Form Here)
PT-50P -- Tangible Personal Property Tax Form (Download Form Here)
© 2006 by The Carroll County Board of Tax Assessors & qPublic.net
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