Chapter 3.20
PERSONAL PROPERTY1
Sections:
3.20.010 Assessment return.
3.20.020 Personal liability – Enforcement action.
3.20.010 Assessment return.
A. Every person shall submit to the borough assessor a personal property return of any property owned by him or in which he has an interest, and of the property held or controlled by him in a representative capacity, in the manner prescribed in this chapter and Chapters 3.08, 3.12 and 3.24 through 3.44 FNSBC, which return shall be based on property values existing as of the first of January of the year for which the return is made. The person making the return in every case shall state an address to which all notices required to be given to him, under this chapter, may be mailed or delivered. The return shall show the nature, quantity, description, amount and value of all personal property, the place where the property is situated, and the return shall be in such form and include such additional information as the borough assembly may prescribe, and shall be signed and verified under oath by the person liable or his or its authorized agent or representative. The return shall be filed on or before the fifteenth day of February of each tax year. The borough assessor may by notice in writing to any person by whom a return has been made require from him a further return containing additional details and more explicit particulars, and upon receipt of the notice, that person shall comply fully with its requirements within 30 days.
B. In the event of any person failing, refusing or neglecting to make or file a personal property return of property owned by him as required by this section as herein provided, the assessor shall make an involuntary assessment which shall be as fair and equitable as he may be able to make from the best information in his possession.
C. Any person failing to submit to the assessor a return of any property owned by him, or in which he has an interest, and of property held or controlled by him in a representative capacity as required by this section, shall incur a penalty of $50.00. (Prior code § 69.05.060)
3.20.020 Personal liability – Enforcement action.
The owner of personal property assessed shall be personally liable for the amount of taxes assessed against his personal property, and such tax, together with penalty and interest, may be collected after the same becomes due in a personal action brought in the name of the borough against such owner in the courts of the state. (Prior code § 69.05.340)
For statutory provisions governing returns, see AS 29.45; for provisions making the owner of assessed personalty personally liable for taxes, see AS 29.45.