Business Personal Property

All businesses in Russell County are required to file a 762 form with the county, if the business was in operation January 1 of the tax year, by May 1.

Businesses must turn in a copy of their depreciation schedule with the form to insure the proper equipment is taxed. They must include their inventory as Merchant's Capital, Business Fixtures and Furniture, and Machinery and Tools.

If a business fails to report to the county they will be statutorily assessed.

A 762 form may be obtained at the Commissioner's Office.