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Personal property

Personal property includes all movable and tangible things that are not real property—such as money, goods, furniture, motor vehicles, animals, stocks, bonds, patents, copyrights, merchandise, and personal annuities.

In Missouri, personal property is defined as property that is not attached to or associated with land. This includes items that are movable and tangible, such as money, goods, furniture, motor vehicles, animals, stocks, bonds, patents, copyrights, merchandise, and personal annuities. Personal property is subject to personal property tax, which is assessed by local governments in Missouri. The tax is based on the value of the personal property owned by individuals or businesses. Missouri law requires personal property to be assessed annually by the owner's local assessor, and owners must declare their personal property to the assessor each year for tax purposes. The state statutes governing personal property can be found in the Missouri Revised Statutes, specifically in Title X for taxation and revenue.

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Personal property

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Missouri State Code

Missouri State Code

Personal property

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