FY 2017 Budget Highlights
NO COUNTY BUSINESS PERSONAL
PROPERTY TAX
Jurisdiction
Rate
FREDERICK COUNTY
$ 0
City of Frederick
$ 1.55
(10 year phase-out)
Montgomery County
$ 1.83
City of Rockville
$ 2.64
City of Gaithersburg
$ 2.36
Howard County
$ 2.54
Loudoun County (VA)
$ 4.20
Town of Leesburg (VA)
$ 5.20
Fairfax County (VA)
$ 4.57
Business Personal Property Tax
Tax on property that can be touched and
moved, such as equipment, furniture,
inventory, supplies and other possessions
"The elimination of business personal
property tax improves the business
competitiveness of a jurisdiction and
encourages reinvestment in a
business." Source: Tax Foundation
In 2015, the City of Frederick voted to
eliminate business personal property tax
over a 10-year period and voted to
eliminate the tax retroactive to Jan 2015
for all manufacturers.
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