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FILE YOUR RENDITION OR EXTENSION REQUEST ON-LINE!

In 2006 the Tarrant Appraisal District (TAD) introduced an on-line "eRendition" filing feature to our website - www.tad.org - and in 2007 we extended this service to include automatic 30-day rendition filing extension requests. We are happy to announce that both of these services will again be available* in the 2008 appraisal year with expanded features and improved functionality. To use this service you will need: The Account Number from the preprinted paper rendition mailed to you by TAD (see diagram below) The PIN from the preprinted paper rendition mailed to you by TAD (see diagram below) An internet connection Microsoft Internet Explorer or Mozilla Firefox (both Java Script and cookies must be enabled) Adobe Acrobat Reader Version 6 or later Financial information required to complete your eRendition (in fact, we recommend

that you complete the paper rendition as a worksheet then complete the eRendition on-line)

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Once you're ready to file your eRendition or Extension Request, accomplish the following steps: Step 1: Connect your pc to the Internet, launch its web browser, and then go to www.tad.org Step 2: Click the "Property Data Search" link on the left hand side of the TAD homepage Step 3: Under the "Business Personal Property" heading, click the "Search by Account Number" link Step 4: Type in your Account Number then click the "Search" link Step 5: Click the "Online Rendition" or "Extension Request" link at the top of the page

(see diagram below)

After you've completed Step 5 above, continue to follow the on-line instructions and prompts. Once the on-line filing process is complete, you will have the opportunity to print and / or save a PDF version of your eRendition or Extension Request for your records.

* This service is available to most previously existing TAD Business Personal Property accounts. If there are any errors in either the ownership or the description of the business, you cannot file on-line until you contact the Business Personal Property Division at 817-284-9101 to have the erroneous information corrected. However, you will be able to indicate that the st business was sold, closed, or moved prior to January 1 during the eRendition process. Generally, an account that is new to TAD records in the current year or that represents a business aircraft, utility, or other special property type, cannot be filed th on-line. Only the automatic 30-day rendition filing extension request to May 15 may be requested on-line. Additional "Good Cause" extension requests must be submitted in writing to the Chief Appraiser.

RECENT LEGISLATION EFFECTING PROPERTY TAX APPRAISAL

TAXPAYERS MAY NOW FILE AN ABBREVIATED RENDITION WHEN THERE ARE NO CHANGES TO THEIR MOST RECENT PRIOR YEAR RENDITION

The 80th Texas legislature recently passed House Bill 264 amending portions of Chapter 22 of the Property Tax Code. Generally, this chapter identifies what information taxpayers are required to report regarding their income-producing personal property as of January 1st. Section 22.01 now includes Subsection (1) which states in part that "If the information contained in the most recent rendition statement filed by a person in a prior tax year is accurate with respect to the current tax year, the person may comply . . . by filing a rendition statement on a form prescribed or approved by the comptroller . . . on which the person has checked the appropriate box to affirm that the information continues to be complete and accurate". Related changes to Subsection 22.24(c) ensure that compliant forms are available. Subsection 22.01(a) remains unchanged by this new law and states that a rendition shall contain " . . . (1) the name and address of the property owner; (2) a description of the property by type or category; (3) if the property is inventory, a description of each type of inventory and a general estimate of the quantity of each type of inventory; (4) the physical location or taxable situs of the property; and (5) the property owner's good faith estimate of the market value of the property or, at the option of the property owner, the historical cost when new and the year of acquisition of the property". Subsection 22.01(f) clarifies that a rendition for a property with a total value of less than $20,000 is not required to provide items (3) and (5) above. If there are any changes whatsoever to report from your most recent prior year rendition, or if you have never filed a rendition in a prior year for your account, you may not file an abbreviated rendition. However, if after careful review of your records you determine the information on the most recent prior year rendition you filed is still complete and accurate as of January 1st of this year and in compliance with Section 22.01, then you would qualify to file an abbreviated rendition. To do so, go to Step "4. SIGNATURE AND AFFIRMATION" on the attached rendition form. At Step "4.B" read, complete, and affirm the statement that you are qualified and intend to file an abbreviated rendition. Complete the remainder of Step 4. Return the completed, abbreviated rendition to TAD.

EXEMPTION OF ONE BUSINESS / PERSONAL MIXED-USE MOTOR VEHICLE NOW AVAILABLE

In April 2007 the Texas legislature passed House Bill 1022 which, in conjunction with a constitutional amendment approved by voters last November, allows for the exemption of one "passenger vehicle" (other than a motorcycle, golf cart, or bus) or "light truck" (that has a manufacturer' rated carrying capacity of one ton or less) used in a person's s occupation or profession that is also used for personal activities. If qualified, application is required prior to May 1st of each year the entitlement is claimed. However, we request that you file your exemption application by attaching it to your completed rendition form and submitting them together on or before the standard rendition-filing deadline of April 15th. This would help minimize confusion by clearly identifying the passenger vehicle or light truck you would not be required to include on your accompanying rendition. The application form for this exemption is titled "Application for Exemption of One Business / Personal Mixed-Use Motor Vehicle" and is available at www.tad.org from the "Applications and Forms" then "Business Personal Property Rendition Forms" links. As an added bonus, this exemption is retroactive to the 2007 tax year. So if you were assessed for a passenger vehicle or light truck in 2007, you can file an application with TAD no later than April 1, 2008 to have a qualifying vehicle exempted. Please note that a vehicle used to transport passengers for hire (such as a bus, van, limousine, etc), even if it's also used for personal activities, does not qualify.

AN APPRAISAL DISTRICT'S BOUNDARIES ARE THE SAME AS THE COUNTY'S BOUNDARIES

In past years, the outermost boundaries of an appraisal district were not necessarily the same as the county in which it was situated mainly because the taxing entities it served (such as cities, school districts, etc) were created at different times and with different geographic sizes and shapes. This often resulted in confusion to taxpayers and tax professionals alike when dealing with what were once called "Overlap" properties ­ or properties which required more than one appraisal district to administer all appraisal-related legal requirements. In March 2007 the Texas legislature passed House Bill 1010 which, beginning in the 2008 tax year, sets an appraisal district's boundaries to be the same as the county's boundaries. So how does this effect the appraisal of income-producing tangible personal property? It should simplify the rendition, exemption application, notification, and appeal process for those taxpayers of properties formerly known as "Overlap" by eliminating the necessity to deal with multiple appraisal districts and appraisal review boards for the same property. Whatever county the property is located in, that's the appraisal district and appraisal review board for taxpayers to do business with.

NEED A DIFFERENT RENDITION OR EXEMPTION FORM? THEY'RE AVAILABLE AT OUR WEBSITE - www.tad.org

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