Form 50-259 - Dealer'S Vessel, Trailer And Outboard Motor Inventory Declaration/confidential - 2007
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250-259 (Rev. 10-07/5)
Page 1 of 2
YEAR
DEALER’S VESSEL, TRAILER AND OUTBOARD MOTOR INVENTORY DECLARATION/CONFIDENTIAL
Send original to: Appraisal District name and address
Phone (area code and number)
Send copy to: County Tax Office and address
Phone (area code and number)
INSTRUCTIONS: If you own an inventory subject to the provisions of Tax Code Sec. 23.124, you must file this dealer’s vessel, trailer and outboard motor inventory dec-
laration with the chief appraiser and a copy with the county tax assessor-collector not later than February 1 of each year. If you were not in business on January 1, you
must file this statement not later than 30 days after starting business. Failure to file this form is a misdemeanor offense punishable by a fine not to exceed $500. Each
day during which you fail to comply is a separate offense.
SEE BACK OF FORM FOR MORE INFORMATION ON FILING AND PENALTIES.
Step 1:
Owner’s name
Owner’s name
and address
Current mailing address (number and street)
City, town or post office, state, ZIP code
Phone (area code and number)
Person completing application
Title
Step 2:
Name of each business at one location (attach additional pages if necessary)
Required
information
about the
business
Address of this location (street, number, city, state and ZIP code + 4) (attach additional pages if necessary)
Owner’s dealer and manufacturer number(s) issued by the Texas Parks and Wildlife Department (attach additional pages if necessary)
Step 3:
Give appraisal district account number if available,
Step 4:
or attach tax bill or copy of appraisal or tax office
Information
Ownership
correspondence concerning this account.
about the
statement
(Attach additional pages if necessary).
business
Starting date of business, if not in business on January 1 of
(Owner’s name)
this year.
is the owner of a dealer’s vessel, trailer and outboard
motor inventory.
Step 5:
Breakdown of sales (number of units sold) for the previous 12-month period corresponding to the prior tax year. If you were not in
business for the entire 12-month period, report the sales for the months you were in business.
Breakdown
Net vessel, trailer and outboard motor inventory
Fleet sales
Dealer sales
Subsequent sales
of sales and
sales amounts
Breakdown of sales amounts for the previous 12-month period corresponding to the prior tax year. If you were not in business for the
entire 12-month period, report the sales for the months you were in business.
Net vessel, trailer and outboard motor inventory
Fleet sales
Dealer sales
Subsequent sales
$
$
$
$
State the market value of your net vessel, trailer and outboard motor inventory for the current tax year, as computed under
Step 6:
Tax Code Sec. 23.124 (total annual sales from the inventory for the previous 12-month period corresponding to the prior tax year
Market value
divided by 12 equals market value). If you were not in business for the entire 12-month period, report the number of months you were
of your
in business and the total number of sales for those months. The chief appraiser will determine your inventory’s market value.
inventory
Net Vessel, Trailer and Outboard Motor
Market Value for
Inventory Sales for Prior Year
Current Tax Year
÷
=
$ _________________________________
12
______________
Step 7:
Authorized signature
Date
Sign the form
If you make a false statement on this application, you could be found guilty of a Class A misdemeanor or
a state jail felony under Texas Penal Code Section 37.10.
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