Select your state

Taxes

personal property tax

Many states assess a personal property tax on certain items of personal property such as motor vehicles, boats, and aircraft. Business personal property taxes—taxes on tangible personal property items that are used to produce income—are often referred to as ad valorem taxes.

In New Hampshire, there is no statewide personal property tax on items such as motor vehicles, boats, and aircraft. Instead, the state imposes a statewide property tax on real estate. However, local municipalities in New Hampshire have the authority to assess taxes on personal property, which can include the aforementioned items. This means that the presence and rate of personal property tax can vary from one municipality to another. Business personal property, which is property used in the operation of a business to produce income, may also be subject to local taxation. It's important for property owners in New Hampshire to check with their local tax assessor's office to understand the specific tax obligations for personal and business personal property in their area.

Legal Articles

State Statutes

Individual & Family Legal Plan

As a LegalFix member, you'll get expert legal services from a local law firm that treats you like an important client. Don't wait—be prepared for life's inevitable legal challenges starting today. And ask your employer, credit union, or membership group about preferred pricing opportunities.

Taxes

personal property tax

Individual & Family Legal Plan

Articles

New-Hampshire State Code

New-Hampshire State Code

Taxes

personal property tax

Articles