Tax Type
Property Tax
Description
Personal Property;Armed Forces Member
Topic
Exemptions
Date Issued
12-23-1970
A farm bought by a member of the armed forces for use as a residence and in a business of raising horses for sale is not exempt from local taxation. The Soldiers' and Sailors' Civil Relief Act specifically permits the taxation of personal property used in a trade or business. Also, motor vehicles jointly owned by the serviceman and his wife are subject to the full tax on their entire value. However, airplanes kept in the county by servicemen not stationed there are subject to taxation only by the servicemen's home state.
Attorney General's Opinion