Business Tangible Personal Property

All owners of business tangible personal property are subject to Business Tangible Personal Property (BPPT) (PDF) Tax and are required to annually declare for taxation all property such as furniture, fixtures, computer equipment, machinery, tools, and heavy equipment that was located in Dinwiddie County on January 1 of each year.

This includes property owned by the business, property owned personally and used in the business on a full- or part-time basis, property received as a gift, property that is leased or rented, and property that is fully depreciated or expensed for federal tax purposes. Business owners must submit business tangible personal property information along with a current asset list by February 15 to avoid any late filing penalties.  Business tangible personal property taxes are billed semiannually and are due to be paid to the Dinwiddie County Treasurer by June 5 and December 5 of each year.

Additional information regarding Dinwiddie’s tax deadlines is available on the tax calendar.