FAQs Archive | Page 6 of 12 | Travis Central Appraisal District

Q: Is sales tax included in the sales price of heavy equipment or in the monthly lease or rental payment, as applicable?

Yes, the sales price includes the sales tax. The sales price of heavy equipment is defined in Section 23.1241(a)(7), Tax Code, as “total amount of money paid or to be paid to a dealer for the purchase of an item of heavy equipment” or “for a lease or rental with an option to purchase, the total amount of the lease or rental payments plus any final consideration, excluding interest.” The sales price includes the sales tax since it is part of the “money paid or to be paid to a dealer” for the purchase of the heavy equipment.

Q: Can I file a rendition late?

The law provides for an extension of time to file a rendition. In order to receive the extension, you must submit the request to the Travis Central Appraisal District in writing or by email before the April 15th rendition filing deadline. With the receipt of a timely extension request, the rendition filing deadline will be extended to May 15th.

Q: Can I use bookkeeping records as my rendition?

Yes. Attach these records to the rendition, sign and date it and then return it to our office. Include asset listings with the date of acquisition and original cost. All assets owned by the business must be rendered.

Q: What is the deadline to file a rendition?

The last day to file your rendition is April 15th. If April 15th falls on a weekend, the rendition deadline is the next business day.

Q: What is a rendition for business personal property?

A rendition is a form that provides the appraisal district with the description, location, cost and acquisition dates for business personal property that you own. The appraisal district uses the information to help estimate the market value of your property for taxation purposes. You may email completed renditions to Rendition@tcadcentral.org .

Q: I went out of business during the year. Will my business personal property taxes be prorated?

No. If you were in business January 1 you owe taxes for the year.