Business and Personal Property
Appeal or Amend
FAQs about filing appeals
Appeal filing fee schedule:
| |
Assessed Value |
Filing Deposit |
| |
$1-$99,999 |
$30 |
| |
$100,000 - $499,999 |
$100 |
| |
$500,000 - $1,999,999 |
$200 |
|
$2,000,000 or greater |
$1,000 |
How to Appeal Personal Property
To file an appeal of the Assessor’s valuation of your property you must complete a written appeal form specifying the grounds for the appeal and pay a filing deposit. You must also provide evidence supporting your appeal within 45 days from the date the assessment notice was mailed (30 days to file an appeal, plus 15 days to provide supporting evidence). The Assessor may agree to extend this time limit under certain conditions.
Filing deposit will be refunded if; 1) the appeal is resolved prior to the hearing OR; 2) you have provided the data and access required by the Assessor and you appear at the hearing.
It is always a good idea to review the information available at the Assessors Office or on our website before filing an appeal. During the first 30 days after assessment notices are mailed we are able to review and adjust values without the need or expense of filing a formal appeal.
How to Appeal or Amend Business Personal Property
How to Appeal your Assessed Value:
Taxpayers who file a Business Property Assessment Return or are shown on the Municipality of Anchorage tax roll to be the owner of a business have the right to appeal the assessed value. A taxpayer’s appeal must be submitted within thirty days from the date on the Notice of Assessed Value that is sent each year. There is a fee associated with filing a formal appeal.
A formal appeal may be avoided if you contact the Personal Property Section prior to the end of the thirty day appeal period and an appraiser is able to review your records and make adjustments to the assessed value prior to the appeal deadline. Under some circumstances you can also avoid the formal appeal process by filing an amended return.
If a formal appeal is required, you must complete a written appeal form, specifying the grounds for the appeal and pay a filing deposit. If the appeal is resolved prior to the hearing, OR you have provided the data and access required by the Assessor and you appear at the hearing, the filing deposit will be refunded. You must also provide evidence supporting your appeal within 45 days from the date the assessment notice was mailed (30 days to file an appeal plus 15 days to provide supporting evidence). The assessor may agree to extend this time limit under certain conditions.
How to Amend your Business Property Assessment Return:
Under Anchorage Municipal Code 12.10.040, taxpayers can amend their business property assessment return for the current year and two years back.
No special “Amendment” form is required, simply use the Business Property Assessment Return for the appropriate year, provided under Forms and Applications. Check "Amended" in the upper right hand corner box of the return to indicate that you are filing an amended return. You must complete the entire return and you may want to provide a brief explanation of your reasons for amending or any significant changes that you make on the return.
If you don’t have any changes to the amounts originally reported, but still dispute the assessed value, see How to Appeal Your Assessed Value above.
How to Appeal Mobile Home Assessment
All mobile homes within the Municipality of Anchorage are assessed using a mass appraisal system. This means that all mobile homes of the same year and width are assessed at the same price per square foot. Taxpayers who file a Mobile Home Assessment Return or are shown on the Municipal tax roll to be the owner of the mobile home have the right to appeal the assessed value.
A taxpayer’s appeal must be submitted within thirty days from the date on the Notice of Assessed Value that is sent each year. There is a fee associated with filing a formal appeal. A formal appeal may be avoided if you contact the Personal Property Section prior to the end of the thirty day appeal period and an appraiser is able to inspect your mobile home and make adjustments to the assessed value prior to the appeal deadline.
If a formal appeal is required, you must complete a written appeal form specifying the grounds for the appeal and pay a filing deposit. If the appeal is resolved prior to the hearing, OR you have provided the data and access required by the assessor and you appear at the hearing, the filing deposit will be refunded. A physical inspection will be performed on the mobile home and any necessary adjustments for condition may be made at that time.
You must also provide evidence supporting your appeal within 45 days from the date the assessment notice was mailed (30 days to file an appeal plus 15 days to provide supporting evidence). The assessor may agree to extend this time limit under certain conditions.