Tangible Personal Property
Tangible Personal Property (TPP), as defined in 192.001(11)(d), Florida Statutes, means all goods, chattels, and other articles of value (but does not include vehicular items) capable of manual possession and whose chief value is intrinsic to the article itself. Inventory and household goods are expressly excluded from this definition.Anyone owning tangible personal property on January 1, who has a proprietorship, partnership, corporation, is a self-employed agent or a contractor, must file a tangible personal property return to the Property Appraiser by April 1 each year (See 193.062, F.S.). Property owners who lease, lend or rent property must also file.
Sections 195.032 and 195.062(1), F.S., authorize the Department of Revenue to prepare and maintain guidelines to assist the Property Appraisers. They are intended to assist in the assessment of property and are not construed to be the final authority or all inclusive in nature.
TPP Appraisal Guidelines