CityofRichmond 2018 Return of Business 'LYLVLRQ …

1 TAXPAYER NAME/ADDRESS:TYPE OF Business _____BUSINESSPHONE_____FEDERAL _____FAX NUMBER _____E-MAIL _____DATE Business BEGAN _____/_____/_____DATE Business CLOSED _____/_____/_____LOCATION/ADDRESS OF PROPERTY _____Section 31. Total Taxable Value (A + B)1. Total Taxable Value (A + B)CityofRichmondDivision of AssessmentsPO Box 26505 Richmond, VA 23261-65052018 Return of BusinessTangible Personal Property FORM BP-18 PLEASE PRINT ALLINFORMATIONPROCESSOR'S INITIALSCUSTOMER #PROPERTY # Return #Please do not write in SHADED PERSONAL PROPERTY OWNED & USED OR AVAILABLE FOR USE JANUARY 1, 2018 PLEASE READ INSTRUCTIONS (ON BACK) CAREFULLY BEF ORE COMPLETING SECTIONS 1 & FORM IS AVAI LABLE FOR COMPL ETION ON THE CITY WEBSITE AT you lease or rent furniture, fixt ures or equipment from or to others as of 1-1-18? qYes qNoIf yes, see i nstructions on rev erse failure to file this Return is a criminal offense in violation of Section of the Code of Virginia. Any taxpayer required to file a Return who neglects to do so, will be subject to a statutory assessment.

2 You will be assessed a 10% filing penalty for failure to file a Return by March 1, 2018 NOTE: We will not accept renditions in lieu of a Return ( 762). Update your billing information on the reverse do not remit payment with this declare to the best of my knowledge that the figures submitted on this Return are true and Date _____ Daytime Phone _____YEAR ACQUIREDCOST%ASSESSEDVALUET otal Adjusted ValueTotal Adjusted ValueTotal Adjusted ValueTotal Adjusted ValueAll Prior YearsAll Prior Years TotalAdjusted 2017 Purchases here70%201660%60%201550%50%201440%40%201 330%30%20%20%YEAR ACQUIREDCOST%ASSESSEDVALUET otal Adjusted ValueTotal Adjusted ValueTotal Adjusted ValueTotal Adjusted ValueAll Prior YearsAll Prior Years TotalAdjusted 2017 Purchases here70%201660%60%201530%30%201415%15%201 310%10%5%5%Section 1(NMFF)Section 2(NMCE)FILE ON OR BEFORE MARCH 1, 20181. FURNITURE & FIXTURESis defined as all furniture, fixtures,equipment, copiers and other office machines, Business telephones andmobile telephones, signs and any other tangible personal property (exceptcomputer equipment reported in Section 2 and certified short-term rentalproperty).

3 The Furniture and Fixtures tax rate is $ per hundred dollarsof COMPUTER EQUIPMENTis defined as central processing units,direct access storage units and magnetic tape drives; peripherals such asprinters, card readers, optical characters/mark readers, computer outputconcentrators, cathode ray tube displays, file servers and shared printerservers: personal computers and associated display devices. ComputerEquipment ta xrate is $ per hundred dollars of value.**Please note that the Code of Virginia does not permit localities to prorate Business tangible personal property**Address CorrectionName: _____Address: _____City of RichmondINSTRUCTIONS FURNITURE & FIXTURESAs stipulated in of the Co de of Virginia, it is the responsibility of ever y taxpayer who o wns, l eases, re nts or borro ws tangible per sonal property that was used or available for use in a Business and which was located in the City of Richmond, Virginia, on January 1, 2018, to report such property on this property must be reported in Section 1, 2, 4 and 5 ofthis Return , and is not limited to, but must includepersonal property that has been expensed or fullydepreciated on the federal income tax Return .

4 DO NOTREPORT MOTOR VEHICLES, TRAILERS,WATERCRAFT OR AIRCRAFT ON THIS must be reported at its actual cost before anyallowances for trade-in or depreciation. The cost figuresmust be reported as of January 1 Report in this section the cost of all tangiblepersonal property that is owned by the taxpayer filing thisreturn. This section is, in general, reserved for suchpersonal property as furniture, trade fixtures, officemachines and equipment, tools and some leaseholdimprovements. Also report in this section all types offixed and portable signs (billboards, banners, directories,plaques, etc). Do not report in Section 1 computerequipment (as defined in Section 2), certified short-termrental property or personal property that is leased,rented, or borrowed from 2 Report in this section the cost of allhome/office or mainframe computer equipment that isowned by the taxpayer and used in the Business filingthis Return . This section is reserved for computerhardware, peripheral equipment, and operation software( Microsoft Windows).

5 DO NOT INCLUDEAPPLICATION SOFTWARE ( Microsoft Word andExcel).NOTE: An explanation must be pro vided wi th this re turn if there is a differen ce betwe en the re port ed yea rly cost figures shown in Sections 1 and 2 of this Return and your 2017 3 Used t o calculate the tota l value of all property listed on the Return . Penalty assessed on all returns not filed on or before March 1, 2018. If the Return is filed after the deadline or if taxable property was not reported by t hat date, the l ate filing penalty applies and will be assessed wi th the PAYMENT INTEREST WILL BE ASSESSED AT 10% PER ANNUM AFTER JUNE 5, 4 Report on the Fixed Asset Schedule anitemized list of all personal property reported in sections1 and 2 including a description, cost and year YOU OWN NO Business TANGIBLE PERSONALPROPERTY, YOU MUST STILL FILE A enter NONE in Sections 1 and 2 of this formand provide an explanation as to ho wyour Business isconducted without the use of tangible personal 5 Report in this section all tangible personalproperty that is leased, rented, or borrowed from othersas required by of the Code of revie wthe terms of each lease to determine if it isa true lease.

6 A lease-purchase ( capital lease ), usuallynon-cancelable and characterized by a nominal (often$ ) buyout provision, is actually a financingarrangement and should be reported in Section 1 or 2,not in Section 5. Please call this office if you havequestions. Please enter None if this is not to:City of Richmond900 East Broad StreetRoom 103 Richmond, Virginia 23219 Phone:(804) 646-7000 Fax:(804) 646-5848 You can register to have your personal property billingstatements emailed to you for revie wand payment usingour ne wInvoice Cloud option. You can obtain moreinformation by visiting the links to the Finance 4:Item DescriptionCostYear AcquiredItem DescriptionCostYear AcquiredItem DescriptionCostYear AcquiredItem DescriptionCostYear AcquiredSee Leased Equipment Schedule on the reverse Asset ScheduleYou must complete the fixed asset schedule annually or provide a detailed asset listing showingall Business assets. We accept electronic asset schedules emailed in a Windows Excel or Access : We will not accept renditions ( 762) in lieu of a Number:Section 5:Leased Equipment ScheduleAs required by Section of the Code of Virginia, list below all tangible personalproperty that you lease or rent from others.

7 Please do not list vehicles, trailers, boats,aircraft or ofAddress ofLease PeriodLeaseOriginalAddress ofLeasing CompanyLeasing CompanyFromToAccount #CostPropertySee Fixed Asset Schedule on the reverse Number.