Noun
personal property tax (plural personal property taxes)
Synonym of property tax
If an artwork had to be sent to another state for some touch-ups, it may have become subject to personal property tax in that state as well. Source: Internet
Thus, tax collectors often monitor newspaper articles for stories about wealthy people who have lent art to museums for public display, because the artworks have then become subject to personal property tax. Source: Internet
Thirty-two of the Commonwealth's sixty-seven counties levy a personal property tax on stocks, bonds, and similar holdings. Source: Internet