Spe c ia l I nve nto ry PE NAL T I E S F I NE S & MORE - - PowerPoint PPT Presentation

Spe c ia l I nve nto ry

PE NAL T I E S F I NE S & MORE PE NAL T I E S

Ja me s Gue st

Spe c ia l I nve nto ry T a x Histo ry

 T

he c e ntra l a ppra isa l distric t (CAD) wa s re spo nsib le to va lue inve nto ry he ld b y a uto mo b ile , he a vy e q uipme nt, tra ile r a nd b o a t de a le rs.

 T

he y did so la rg e ly b y c o unting the inve nto ry the n multiplying the to ta l numb e r b y the a ve ra g e c o st.

 T

his re q uire d the m to find the c a rs o n Ja nua ry 1st.

Histo ry Co ntinue d…

 T

e xa s Auto mo b ile De a le rs Asso c ia tio n L

• b b ie d fo r

c ha ng e !

 T

he re we re se ve ra l pro b le ms with the fo rme r me tho d o f c a lc ula ting inve nto ry suc h a s:

 T

he ma nufa c ture s wo uld se nd c a rs to De a le rs, a nd the De a le rs ha d no c o ntro l o f ho w ma ny ve hic le s the y wo uld ha ve o n Ja nua ry 1.

 So me De a le rs wo uld hide c a rs ma king it unfa ir to

tho se who pa id ta xe s o n the ir inve nto ry.

 Othe r b usine ss inve nto ry wa s no t c o unte d o n

Ja nua ry 1.

Spe c ia l I nve nto ry T a x No w

 T

e xa s L e g isla ture e na c te d la ws tha t ide ntify Spe c ia l I nve nto ry De a le rs a nd pla c e the b urde n

• n tho se De a le rs to pro vide inve nto ry to b o th the

Chie f Appra ise r a nd the T a x Asse sso r Co lle c to r.

 T

he se ne w la ws a re mo re fa ir to the De a le rs, b ut fa ilure no t to pro pe rly a dhe re to the se ne w la ws ha ve stric t a nd he fty pe na ltie s.

What is Spe c ial Inve ntor y



Motor Ve hic le Inve ntor y



Pro pe rty T a x Co de §23.121, §23.122, a nd §23.123 

Ve sse l a nd Outboa r d Motor Inve ntor y



Pro pe rty T a x Co de §23.124, §23.125, a nd §23.126 

He a vy E quipme nt Inve ntor y



Pro pe rty T a x Co de §23.1241, §23.1242, a nd §23.1243 

Ma nufa c tur e d Housing Re ta ile r s



Pro pe rty T a x Co de §23.123, §23.127, a nd §23.128

Who F ile s Spe c ia l Inve ntory



Motor Ve hic le Inve ntory 23.121(a )(3)



“De a le r” me a ns a pe rso n who ho lds a de a le r’ s g e ne ra l disting uishing numb e r issue d b y the T e xa s De pa rtme nt o f Mo to r Ve hic le s… 

Ve sse l a nd Outboa rd Motor Inve ntory 23.124(a )(3)



“De a le r” me a ns a pe rso n who ho lds a de a le r’ s a nd ma nufa c ture r’ s numb e r issue d b y the Pa rks a nd Wildlife De pa rtme nt… 

He a vy E quipme nt Inve ntory 23.1241(a )(1)



“De a le r” me a ns a pe rso n e ng a g e d in the b usine ss…o f se lling , le a sing , o r re nting he a vy e q uipme nt. 

Ma nufa c ture d Housing Re ta ile rs 23.127(a )(1)



Re ta ile r (de fine d b y 1201.003 o c c upa tio n c o de ) a s a pe rso n who :



…is e ng a g e d in the b usine ss o f b uying fo r re sa le , se lling , o r e xc ha ng ing ma nufa c ture d ho me s o r o ffe ring ma nufa c ture d ho me s fo r sa le o r e xc ha ng e to c o nsume rs, inc luding a pe rso n who ma inta ins a lo c a tio n fo r the displa y o f ma nufa c ture d ho me s; a nd (B) se lls o r e xc ha ng e s a t le a st two ma nufa c ture d ho me s to c o nsume rs in a 12-mo nth pe rio d.

Annual De c lar ation

 23.121 (f) ... no t la te r tha n F

e b rua ry 1 o f e a c h ye a r…e a c h de a le r sha ll file a de c la ra tio n with the c hie f a ppra ise r a nd file a c o py with the c o lle c to r. T he de c la ra tio n is suffic ie nt to c o mply with this sub se c tio n if it se ts fo rth the fo llo wing info rma tio n:



(1) the na me a nd b usine ss a ddre ss o f e a c h lo c a tio n a t whic h the de a le r o wne r c o nduc ts b usine ss;



(2) e a c h

• f the

de a le r's g e ne ra l disting uishing numb e rs issue d b y the T e xa s De pa rtme nt o f T ra nspo rta tio n;



(3) a sta te me nt tha t the de a le r o wne r is the o wne r o f a de a le r's mo to r ve hic le inve nto ry; a nd



(4) the ma rke t va lue o f the de a le r's mo to r ve hic le inve nto ry fo r the c urre nt ta x ye a r a s c o mpute d unde r Se c tio n 23.121(b ) o f this c o de .

Ve sse ls and Outboar d Motor s 23.124, He avy E quipme nt 23.1241, Manufac tur e d Housing 23.127, Motor Ve hic le s 23.121

Annual De c lar ation 50- 244

Confidential

Monthly State me nt (Monthly Re por

t)



23.122 (e ) T he c o mptro lle r sha ll pro mulg a te a fo rm e ntitle d a De a le r's Mo to r Ve hic le I nve nto ry T a x Sta te me nt. E a c h mo nth a de a le r sha ll c o mple te the fo rm with re spe c t to e a c h mo to r ve hic le so ld. A de a le r ma y use no o the r fo rm fo r tha t purp o se . T he sta te me nt ma y inc lude the info rma tio n the c o mptro lle r de e ms a ppro pria te b ut sha ll inc lude a t le a st the fo llo wing :

• (1) a d e sc riptio n o f the mo to r ve hic le so ld ;
• (2) the sa le s pric e o f the mo to r ve hic le ;
• (3) the unit pro pe rty ta x o f the mo to r ve hic le if a ny; a nd
• (4) the re a so n no unit pro pe rty ta x is a ssig ne d if no unit pro pe rty ta x is

a ssig ne d .,

Motor Ve hic le s 23.122, He avy E quipme nt 23.1242, Manufac tur e d Housing 23.129, Ve sse ls and Outboar d Motor s 23.125

Mo nthly Sta te me nt 50-246

Confidential

Confide ntial

 E

xc e pt a s pro vide d b y this se c tio n, a de c la ra tio n o r sta te me nt file d with a c hie f a ppra ise r o r c o lle c to r a s re q uire d b y Se c tio n 23.121 o r Se c tio n 23.122 o f this c o de is c o nfide ntia l a nd no t

• pe n

to pub lic inspe c tio n….

Applie s to Mo to r Ve hic le SI T23.123, a nd Ve sse ls a nd Outb o a rd Mo to rs SIT 23.126

Ca lc ula ting Unit Pro pe rty T a x Va lue (“UPT V”)

 = to ta l the ta x ra te s fo r a ll ta xing e ntitie s the

pro pe rty is sub je c t to a nd divide b y 12 (mo nths) / 100 City o f E l Pa so 0.63300 Ysle ta I SD 1.330000 E l Pa so Co unty 0.338258 E P Co mm Co lle g e 0.105670

• Univ. Me dic a l Ce n

0.179405 _________ 2.586333 / 12/ 100 = .002155

Mar ke t Value

 Ma rke t va lue is to ta l a nnua l sa le s le ss sa le s to de a le rs,

fle e t tra nsa c tio ns a nd sub se q ue nt sa le s, fro m the de a le r’ s mo to r ve hic le inve nto ry fo r the pre vio us 12- mo nth pe rio d c o rre spo nding to the prio r ta x ye a r divide d b y 12.

 T

• ta l a nnua l sa le s is the to ta l o f the sa le s pric e fro m

e ve ry sa le fro m a de a le r’ s mo to r ve hic le inve nto ry fo r a 12-mo nth pe rio d.

Ca lc ula ting SI T T a xe s

 UPT

V x Ma rke t Va lue / 12 = SI T

 Pre Pa yme nt o f T

a xe s

 T

a xe s a re pre -pa id e a c h mo nth

 T

a xe s a re de linq ue nt if no t pa id b y Ja nua ry 31 o f the sub se q ue nt ye a r ta xe s a re le vie d

 ***Ple a se no te the re a re no c urre nt ye a r ta xe s due

fo r De a le rs who o pe n the re do o rs a fte r Ja nua ry 1

 ***T

a xe s a re due ONL Y fo r De a le rs who a re o pe n o n Ja nua ry 1 o f c urre nt ta x ye a r

E xa mple 1(De a le r o pe ns do o rs 2017)

 Mo to r Ve hic le De a le r o pe ns he r do o rs o n Ja nua ry

2, 2017

 De a le r must sub mit (to c hie f a ppra ise r a nd

c o lle c to r) a n Annua l De c la ra tio n within 30 da ys o f

• pe ning b usine ss (23.121(b ))

 De a le r must sub mit (to c hie f a ppra ise r a nd

c o lle c to r) a Sta te me nt b y F e b rua ry 10 (if no c a rs so ld, the n must b e sta te d o n Sta te me nt); (e a c h sub se q ue nt mo nth a Sta te me nt must b e file d b y the 10th da y o f the mo nth(23.121(f))



***No ta xe s a re due e a c h mo nth the De a le r wa s in b usine ss his first ye a r, b ut a mo nthly Sta te me nt must b e file d

E xa mple 1 Co ntinue d… (2018)

 De a le r must file a ne w De c la ra tio n b y F

e b rua ry 1

 De a le r’ s SI

T ta xe s a re le vie d a g a inst De a le r o n Ja nua ry 1, 2018, whic h is de te rmine d b y the Chie f Appra ise r using sa le s da ta o f De a le r fro m the prio r ye a r (23.121(c ))

 De a le r must sub mit mo nthly sta te me nt a nd pre -

pa y ta xe s a g a inst e a c h ve hic le so ld b y 10th da y

• f e a c h mo nth. (De a le r typic a lly pa sse s this c o st
• nto e a c h purc ha se r o f a ve hic le ).

E xa mple 1 Co ntinue d… (2019)

 On Ja nua ry 1, 2019 ta xe s a re le vie d  I

f the re is a de fic it, 2018 ta xe s a re de linq ue nt F e b rua ry 1, 2019

 Any 2019 o ve ra g e is distrib ute d to ta xing e ntitie s

(23.122(k))

 De c la ra tio n must b e file d b y F

e b rua ry 1, 2019

 Sta te me nt a nd mo nthly pre -pa id ta xe s a re due

b y 10th o f e a c h mo nth

SIT F ine s & Pe naltie s

De c la ra tio n L

a te F iling F ine

De c la ra tio n L

a te F iling Pe na lty

Sta te me nt L

a te F iling F ine

Sta te me nt L

a te F iling Pe na lty

E

sc ro w L a te Pa yme nt Pe na lty

I

nspe c tio n o f Do c ume nta tio n F ine

SIT T ime line and De adline s

 Ja nua ry 1: Pro pe rty ta x le vie d (32.01)  F

e b rua ry 1: De c la ra tio n must b e file d (23.122)

 De a le rs tha t o pe n a b usine ss a fte r Ja nua ry 1 must file a de c la ra tio n 30

da ys fro m c o mme nc ing b usine ss

 10th o f the mo nth sta te me nt must b e file d a nd ta xe s pa id (23.122)

 Ve hic le s  Outb o a rd Mo to rs  Ve sse ls

 20th o f the mo nth sta te me nt must b e file d a nd ta xe s pa id (23.1242)

 He a vy E

q uipme nt

No te *** ta xe s pa id b e fo re Ja nua ry 31 o f the ye a r fo llo wing the da te o n whic h the y a re due a re no t de linq ue nt

De c la ra tio n

Misde me a no rs, F ine s & Pe na ltie s

Annual De c lar ation F ine s & Pe naltie s



23.121(j) …An o ffe nse und e r this sub se c tio n is a misde me a no r punisha b le b y a fine no t to e xc e e d $500. E a c h d a y during whic h a pe rso n fa ils to c o mply with the te rms o f Sub se c tio n (g ) o f this se c tio n is a se pa ra te vio la tio n.



(k) … A ta x lie n a tta c he s to the de a le r’ s b usine ss pe rso na l pro pe rty to se c ure pa yme nt o f the pe na lty… A pe na lty fo rfe ite d und e r this sub se c tio n is $1,000 fo r e a c h mo nth o r pa rt o f a mo nth in whic h a de c la ra tio n is no t file d a fte r it is due .

***No misde me a no r o r fine fo r he a vy e q uipme nt

L ate F iling of De c lar ation

Misde me a no rs, F ine s & Pe na ltie s



Motor Ve hic le s 23.121(i),(k)



Misde me a no r ($500 F

ine a d a y until file d ) 

$1,000 Pe na lty e a c h mo nth until file d (T a x L ie n BPP) 

Ve sse ls a nd Outboa rd Motors 23.124(i),(k)



Misde me a no r ($500 F

ine a d a y until file d ) 

$1,000 Pe na lty e a c h mo nth until file d (T a x L ie n BPP) 

Ma nufa c ture d Housing 23.127(i),(k)



Misde me a no r ($500 F

ine a d a y until file d ) 

$1,000 Pe na lty e a c h mo nth until file d (T a x L ie n BPP) 

He a vy E quipme nt 23.1241(j)



NO Misde me a no r



$1,000 Pe na lty e a c h mo nth until file d (T a x L ie n BPP)

Who Co lle c ts

Annua l De c la ra tio n L a te F iling Pe na lty

Mo to r Ve hic le 23.121(k)

 …A

tax lie n a tta c he s to

the de a le r’ s b usine ss pe rso na l pro pe rty to se c ure pa yme nt o f the pe na lty.

 …T

he appro priate distric t atto rne y, c riminal distric t atto rne y, c o unty atto rne y, c hie f appraise r, or pe r

son de signate d by the c hie f appr aise r shall c o lle c t the pe na lty e sta b lishe d b y

this se c tio n in the name of the c hie f appr

aise r .

$1,000 mo nthly pe na lty (de linq ue nt a ny pa rt o f the mo nth)

Who Co lle c ts

Annua l De c la ra tio n L a te F iling Pe na lty

Ve sse l a nd Outb o a rd Mo to r 23.124(k)

 …A tax lie n a tta c he s to the de a le r’ s b usine ss

pe rso na l pro pe rty to se c ure pa yme nt o f the pe na lty.

 …T

he appro priate distric t atto rne y, c riminal distric t atto rne y, o r c o unty atto rne y, shall c o lle c t the pe na lty e sta b lishe d b y this se c tio n in the name of

the c hie f appr aise r

• r

c olle c tor .

$1,000 mo nthly pe na lty (de linq ue nt a ny pa rt o f the mo nth)

Who Co lle c ts

Annua l De c la ra tio n L a te F iling Pe na lty

He a vy E q uipme nt 23.1241(j)

 …A tax lie n a tta c he s to the de a le r’ s b usine ss

pe rso na l pro pe rty to se c ure pa yme nt o f the pe na lty.

 …T

he appro priate distric t atto rne y, c riminal distric t atto rne y, o r c o unty atto rne y may c o lle c t the pe na lty e sta b lishe d b y this se c tio n in the name of

the c olle c tor .

 T

he c hie f a ppra ise r ma y c o lle c t the pe na lty in the na me o f the c hie f a ppra ise r.

 T

he c hie f a ppra ise r o r the a ppro pria te distric t a tto rne y, c rimina l distric t a tto rne y, o r c o unty a tto rne y may sue to e nfo rc e c o mplia nc e with this se c tio n.

$1,000 mo nthly pe na lty (de linq ue nt a ny pa rt o f the mo nth)

Who Co lle c ts

Annua l De c la ra tio n L a te F iling Pe na lty

Re ta il Ma nufa c ture d Ho using 23.127(k)

 …A lie n a tta c he s to the re ta ile r’ s b usine ss

pe rso na l pro pe rty to se c ure pa yme nt o f the pe na lty.

 …T

he a ppro pria te distric t a tto rne y, c rimina l distric t a tto rne y, c o unty a tto rne y, c hie f a ppra ise r, o r

pe r so n de signate d by the c hie f appr aise rshall

c o lle c t the pe na lty e sta b lishe d b y this se c tio n in

the name of the c hie f appr aise r .

$1,000 mo nthly pe na lty (de linq ue nt a ny pa rt o f the mo nth)

ST AT E ME NT

(Mo nthly Re po rt)

Misde me a no rs, F ine s & Pe na ltie s

Sta te me nt F ine s & Pe na ltie s

Pe na ltie s fo r F a ilure to F ile Mo nthly sta te me nts



23.122 (m) A de a le r who fa ils to file a sta te me nt … c o mmits a n o ffe nse … is a misde me a nor punisha b le b y a fine no t to e xc e e d $100. E

a c h da y during whic h a de a le r fa ils to c o mply

with the te rms o f this sub se c tio n is a se pa ra te vio la tio n.



23.122(n) …a d e a le r who fa ils to file a sta te me nt a s re q uire d b y this se c tio n sha ll fo rfe it a pe na lty. …T he a ppro pria te distric t a tto rne y, c rimina l distric t a tto rne y, c o unty a tto rne y, c o lle c to r,

• r pe rso n

d e sig na te d b y the c o lle c to r sha ll c o lle c t the pe na lty e sta b lishe d b y this se c tio n

in the na me

• f the

c olle c tor. … A pe na lty fo rfe ite d unde r this sub se c tio n is $500 for e a c h month or pa rt of a month in whic h a sta te me nt is no t

file d a fte r it is due .

L a te F iling of Sta te me nt

Misde me a nors, F

ine s & Pe na ltie s



Motor Ve hic le s 23.122(m),(n)



Misde me a no r ($100 F

ine a d a y until file d ) 

$500 Pe na lty e a c h mo nth until file d (T a x L ie n BPP) 

Ve sse ls a nd Outboa rd Motors 23.125(m),(n)



Misde me a no r ($100 F

ine a d a y until file d ) 

$500 Pe na lty e a c h mo nth until file d (T a x L ie n BPP) 

Ma nufa c ture d Housing 23.128(l),(m)



Misde me a no r ($100 F

ine a d a y until file d ) 

$500 Pe na lty e a c h mo nth until file d (T a x L ie n BPP) 

He a vy E quipme nt 23.1242(m)



$500 Pe na lty e a c h mo nth until file d (T a x L ie n BPP)

E sc ro w Pa yme nt

Pe na ltie s

Pr e payme nt E sc r

• w Ac c ount

VIT / SIT ve hic le (23.122(b ), ve sse ls a nd o utb o a rd inve nto ry

23.25(b ), Ma nufa c ture d Ho using Re ta ile rs (23.128(b )



23.122 (b )



…On o r b e fo re the 10th da y o f e a c h mo nth the o wne r sha ll, to g e the r with the sta te me nt



…de p o sit with the c o lle c to r a sum e q ua l to the to ta l o f unit pro pe rty ta x a ssig ne d to a ll mo to r ve hic le s so ld fro m the d e a le r's mo to r ve hic le inve nto ry in the prio r mo nth to whic h a unit pro pe rty ta x wa s a ssig ne d. …



23.122 (c )



…T he c o lle c to r is no t re q uire d to ma inta in a se pa ra te a c c o unt in the de p o sito ry fo r e a c h e sc ro w a c c o unt c re a te d

Pr e payme nt E sc r

• w Ac c ount

HE AVE Y E QUIPME NT (T

HE E XCE PT ION)

 23.1242 (b )

 …On o r b e fo re the 20th da y o f e a c h mo nth the

• wne r sha ll, to g e the r with the sta te me nt

 …de po sit with the c o lle c to r a n a mo unt e q ua l to the

to ta l o f unit pro pe rty ta x a ssig ne d to a ll ite ms o f he a vy e q uipme nt so ld, le a se d, o r re nte d fro m the de a le r’ s he a vy e q uipme nt inve nto ry in the pre c e ding mo nth to whic h a unit pro pe rty ta x wa s a ssig ne d…

Non- Payme nt of E sc r

• w T

axe s

Pe na ltie s



An o wne r who fa ils to re mit unit pro pe rty ta xe s due a s re q uire d b y this se c tio n sha ll pa y a

pe na lty of five pe rc e nt o f the

a mo unt due .



I f the a mo unt due is no t pa id within 10 da ys a fte r the due da te , the o wne r sha ll pa y a n additiona l pe na lty of five pe rc e nt

• f the a mo unt due .



No twithsta nding the te rms o f this se c tio n, unit pro pe rty ta xe s pa id o n o r b e fo re Ja nua ry 31 o f the ye a r fo llo wing the da te o n whic h the y a re due a re no t de linq ue nt.



T he c olle c tor, the c olle c tor’s de sig na te d a g e nt, or the c ounty

• r distric t a ttorne y sha ll e nforc e the te rms of this subse c tion.



A pe na lty unde r this subse c tion is in a ddition to a ny othe r pe na lty provide d by la w if the owne r’s ta xe s a re de linque nt.

Non- Payme nt of E sc r

• w T

axe s

Pe na ltie s



Motor Ve hic le s 23.122(o )



5% Additio na l Pe na lty if no t pa id b y 11th o f the mo nth



+5% Additio na l Pe na lty if no t pa id b y the 21st o f the mo nth 

Ve sse ls a nd Outboa rd Motors 23.125(o )



5% Additio na l Pe na lty if no t pa id b y 11th o f the mo nth



+5% Additio na l Pe na lty if no t pa id b y the 21st o f the mo nth 

Ma nufa c ture d Housing 23.128(n)



5% Additio na l Pe na lty if no t pa id b y 11th o f the mo nth



+5% Additio na l Pe na lty if no t pa id b y the 21st o f the mo nth 

He a vy E quipme nt 23.1242(n)



5% Additio na l Pe na lty if no t pa id b y 21th o f the mo nth



+5% Additio na l Pe na lty if no t pa id until a fte r 31st da y o f the mo nth

Note : T e x. Pr

• p. T

ax Code 1.06: If the la st d a y fo r the pe rfo rma nc e o f a n a c t is a Sa turd a y, Sund a y, o r

le g a l sa te o r na tio na l ho lid a y, the a c t is time ly if pe rfo rme d o n the ne xt re g ula r b usine ss d a y.

E sc r

• w Ac c ount Inte r

e st



T he c o lle c to r sha ll re ta in a ny inte re st g e ne ra te d b y the e sc ro w a c c o unt to de fra y the c o st o f a dministra tio n o f the pre pa yme nt pro c e dure e sta b lishe d b y this se c tio n. I nte re st g e ne ra te d b y a n e sc ro w a c c o unt c re a te d a s pro vide d b y this se c tio n is the sole pr

• pe r

ty of the c olle c tor a nd ma y no t

b e use d b y a n e ntity o the r tha n the c o lle c to r. I nte re st g e ne ra te d b y a n e sc ro w a c c o unt ma y no t b e use d to re duc e o r o the rwise a ffe c t the a nnua l a ppro pria tio n to the c o lle c to r tha t wo uld o the rwise b e ma de .



Applie s to AL

L SI

T

 23.122 (c ) Mo to r Ve hic le I

nve nto ry

 23.1242(c ) He a vy E

q uipme nt De a le rs

 23.125(c ) Ve sse l a nd Outb o a rd Mo to r I

nve nto ry

 23.128(c ) Ma nufa c ture d Ho using Re ta ile rs

Whose Mone y?

L ate F iling of State me nt and E sc r

• w Payme nts

Motor Ve hic le s 23.122(p), He avy E quipme nt 23.1242(o ), Manufac tur e d Housing Re taile r s 23.128(o )

 F

ine s c o lle c te d pursua nt to the a utho rity o f this se c tio n sha ll b e de po site d in the c o unty de po sito ry to the c re dit o f the g e ne ra l fund. 23.122 (p)

 …Pe naltie s c o lle c te d…a re the sole pr

• pe r

ty of the c olle c tor, ma y b e use d b y no e ntity o the r

tha n the c o lle c to r, a nd ma y no t b e use d to re duc e o r o the rwise a ffe c t the a nnua l a ppro pria tio n to the c o lle c to r tha t wo uld

• the rwise b e ma de .

Whose Mone y?

L ate F iling of State me nt and E sc r

• w Payme nts

Ve sse ls a nd Outboa rd Motors 23.125(p)

 F

ine s and Pe naltie s c o lle c te d pursua nt to the

a utho rity o f this se c tio n sha ll b e de po site d in the c o unty de po sito ry to the c re dit o f the ge ne r

al fund.

Wa ive r o f Pe na ltie s



§23.129



A Chie f Appra ise r ma y wa ive De c la ra tio n Pe na ltie s

 §23.121(k) Mo to r Ve hic le  §23.1241(j) He a vy E

q uipme nt



A Co lle c to r ma y wa ive T a x Sta te me nt Pe na ltie s

 §23.122(n) Mo to r Ve hic le s  §23.1242(m) He a vy E

q uipme nt 

Wa ive r pe rmitte d o nly if:



T P file s writte n a pplic a tio n NL T 30 d a ys a fte r d e c la ra tio n o r sta te me nt d ue d a te ; a nd



T P’ s fa ilure to file time ly wa s the re sult o f a DISAST E R ma king filing impo ssib le , o r a n e ve nt b e yo nd the c o ntro l o f T P tha t DE ST ROYE D T P’ s pro pe rty o r re c o rd s;



T P must b e o the rwise b e in c o mplia nc e with filing rule s

COL L E CT I NG F I NE S & PE NAL T I E S

F ine s & Pe na lty Co lle c tio n I ssue s

 Who will c o lle c t?  Ho w do we tra c k de linq ue nc ie s?  Do e s my c o lle c tio n so ftwa re ha ve a SI

T mo dule ?

 Sho uld le tte rs b e ma ile d?  I

f so , who ma ils the le tte rs?

 Due pro c e ss c o nc e rns  Do e s Wa ive r o f pe na ltie s a pply ?

Run Re po rts

 Co lle c tio n So ftwa re VI

T / SI T c o lle c tio n mo dule s

 Run ye a r to da te de a le r re po rts  Print le tte rs

Ye a r to Da te , De a le r Re po rt

YT D De a le r Re po rt Co nt..

Co mmunic a te with De a le rs, I nitia te Dia lo g

UPT F a c to r L e tte r

Ba la nc e Due Re c e ipt/ Sta te me nt

F ailur e to F ile Annual De c lar ation

Monthly State me nt Pe nalty L e tte r

L ate Payme nt Pe nalty L e tte r

Stra te g ie s

De pe nds o n Co unty Co lle c to r Po lic y

 Stra te g y will like ly de pe nd o n the size o f yo ur o ffic e a nd c o unty

re so urc e s

 So me o ffic e s utilize b o th Co unty Atto rne y a nd Distric t Atto rne y

T AC Co unty Atto rne y Distric t Atto rne y T AC T a x Pa ye r Othe r o ffic e s utilize the ta x o ffic e o nly T AC T a x Pa ye r ***Co ntra c t b e twe e n Chie f Appra ise r a nd T a x Offic e

Re c r uit Constable or She r iff to E nfor c e Misde me anor Violations

State me nt (Monthly R

e por t)



Motor Ve hic le s 23.122(m)



Misde me a no r



$100 F ine a d a y until file d



Ve sse ls a nd Outboa rd Motors 23.125(m)



Misde me a no r



$100 F ine a d a y until file d



Ma nufa c ture d Housing

23.129(l)



Misde me a no r



$100 F ine a d a y until file d

De c lar ation



Motor Ve hic le s 23.121(i)



Misde me a no r



$500 F ine a d a y until file d



Ve sse ls a nd Outboa rd Motors 23.124(i)



Misde me a no r



$500 F ine a d a y until file d



Ma nufa c ture d Housing

23.127(i)



Misde me a no r



$500 F ine a d a y until file d

Add L ate F iling Pe nalty T

• T

ax Roll

 Pe na lty ta x lie ns c a n b e e nfo rc e d the sa me a s

• the r de linq ue nt b usine ss pe rso na l pro pe rty

a c c o unts.

Add Pe na lty to T a x Roll, a nd E nforc e BPP T a x L ie ns

De c lar ation



Motor Ve hic le s 23.121(k)

 $1,000 Pe na lty e a c h mo nth

until file d (T a x L ie n BPP)



Ve sse ls a nd Outboa rd Motors

23.124(k)  $1,000 Pe na lty e a c h mo nth

until file d (T a x L ie n BPP)



Ma nufa c ture d Housing 23.127(k)

 $1,000 Pe na lty e a c h mo nth

until file d (T a x L ie n BPP)



He a vy E quipme nt 23.1241(j)

 $1,000 Pe na lty e a c h mo nth

until file d (T a x L ie n BPP)

State me nt (Monthly Re por

t)



Motor Ve hic le s 23.122(n)

 $500 Pe na lty e a c h mo nth until

file d (T a x L ie n BPP)



Ve sse ls a nd Outboa rd Motors

23.125(n)  $500 Pe na lty e a c h mo nth until

file d (T a x L ie n BPP)



Ma nufa c ture d Housing 23.129(m)

 $500 Pe na lty e a c h mo nth until

file d (T a x L ie n BPP)



He a vy E quipme nt 23.1242(m)

 $500 Pe na lty e a c h mo nth until

file d (T a x L ie n BPP)

Be ne fits of Colle c ting Pe naltie s



Ve hic le s/ Ma inte na nc e



Ga so line



Pro fe ssio na l De ve lo pme nt



Due s, Co urse s, Pe r Die m, Ho te ls, Co nfe re nc e Re g istra tio n



Co py Ma c hine s/ Printe rs



Co mpute rs



So ftwa re



Sa la rie s

** E xpe nse s yo u wo uld no t mind pub lishe d

• n the fro nt pa g e o f the ne ws pa pe r!

Pro pe rty T a x Co de

 Re le va nt c o de de a ling with spe c ia l inve nto ry spe c ific a lly is fo und in

§23, Sub c ha pte r B o f the T e xa s Pro pe rty T a x Co de

 Co mptro lle r we b site

https:/ / c o mptro lle r.te xa s.g o v/ ta xe s/ pro pe rty-ta x/ spe c ia l-inve nto ry.php

T ha nk yo u T ACA Ja me s Gue st ja me s.g ue st@ lg b s.c o m (936) 202-4115 Atto rne y