I am not an accountant nor a lawyer, but I offer this:
1) I have lived in TN from '73 - '87 and 2012 to present and never paid nor been billed for personal property tax.
2) from http://www.tennesseetrustee.com/node/68
1) I have lived in TN from '73 - '87 and 2012 to present and never paid nor been billed for personal property tax.
2) from http://www.tennesseetrustee.com/node/68
Personal property taxes are taxes that are levied on temporary or moveable propertysuch as business furnishings, office machines, computers, equipment, telephones, vehicles and other such items (except real estate) which is used by a company or a person to operate a business.