Posts: 617
Location: Clintonville, WI | As Shep stated, there is no personal property tax in WI in the way that the word personal literally means an individual person(s) and their cars, boats, motorcycles, etc. No worries for the orignal post/question.
But, BUSINESS personal property is subject to tax in WI, based on annual reporting and calculation utilizing conversion factor and depreciated values of the assets.....oh yeah, something like: http://www.dor.state.wi.us/forms/govtvc/pa-003.pdf
There are certain exemptions that apply. Personal property for a business would include equipment, office furniture and equipment, cars/trucks purchased and used by the business......in effect, anything that isn't "nailed down." As always, check with your local CPA for exact detail. Really.
Thanks for the jump start, Jeff78 
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