Denton Central Appraisal District

Values are 2013 Preliminary

Copyright 2013
Last Modified:Thursday 9 May 2013, 13:46
Non-Profits and Some Businesses Face Deadline PDF Print
Tuesday, 22 January 2013

Non-Profits and Some Businesses Face April 30 Deadline to File for Property Tax Exemptions

For non-profit organizations to receive property tax exemptions, they must apply to the Denton CAD no later than April 30.

The April 30 deadline also applies to businesses receiving tax abatements granted by taxing units, to firms shipping inventory out of Texas, may be eligible for the “Freeport” exemption on certain goods in transit for certain property stored in warehouses having moved within 175 days, and to businesses acquiring pollution control property. If the last day for the performance of an act is a Saturday, Sunday or legal state or national holiday, the act is timely if performed on the next regular business day.

The non-profit organizations that are eligible for property tax exemptions include, but are not limited to: certain charitable organizations, youth development organizations, religious organizations, non-profit private schools, cemeteries and veterans’ organizations. If a non-profit organization meets property tax exemption qualifications, the exemption can be approved immediately after the organization buys or acquires new property during the year.

Non-profit organizations must reapply if the property changes owners, if their qualifications for exemption change or if they acquire new property. In most cases, after non-profit organizations are granted a property tax exemption, they do not have to reapply annually unless the chief appraiser asks them to file again.

Property owners with mineral property or business personal property worth less than $500 are exempt from property taxes. No exemption application is required.


 
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