Thank you for participating in this town-sponsored community survey. In 2018, the Bristol Town Council began a review of the town's tangible tax policy.
Tangible property is defined as personal property used in the operations of a business or rental property. Tangible property includes moveable items such as office computers, toys, jewelry, and vehicles.
Each year, State law requires that businesses pay taxes on their tangible assets based on the value and age of the equipment.
Of Bristol's $43.4M tax levy, tangible taxes account for approximately $775K (or $0.31 of the $15.38 tax rate).
This is a brief survey and should take less than 5 minutes. Results from this survey will be presented to the Bristol Town Council.