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Caroline County Business Taxes
Real Estate.....72 Cents/$100
Business Personal Property.....$3.50/$100
Pick-Ups, Autos, etc. assessments Pick-ups, Autos, etc. assessments are 100% the NADA clean trade
The High Mileage Reduction begins January 1, 2013 and only applies to Pick-Ups, Autos with latest copy of state inspection showing over 100,000 miles.
THE HIGH MILEAGE REDUCTION DOES NOT APPLY TO MOTORCYCLES, MOTOR HOMES, LARGE TRUCKS OR TRAILERS
Proration begins January 1, 2013. Proration does not apply to business equipment.
Business Equipment Business Equipment assessed on sliding scale
Larger Business Trucks/Heavy Equipment assessed on sliding scale
Farm Equipment Farm Equipment assessed on sliding scale
Machinery & Tools Tax…$3.50/$100
Equipment assessed at 22% original costs
Heavy Equipment assessed on sliding scale
Motor Carriers.....$3.50/$100
Adjusted with mileage report
Business Professional Occupation License
All businesses are required to register with the Commissioner of the Revenue's Office.
Gross Receipts determine liability.
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In County Businesses BPOL TaxBegins After $150,000 However all businesses
are required to file their gross receipts annually with the Commissioner of the Revenue's Office.
Rates per Dollar:
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Contractor: .0012
Retailer: .0015
Wholesaler: .0005
Public Service: .0050
Professional: .0049
Service: .0019
Fortune Teller: $500 Flat Rate