What is the deadline for submitting a personal property statement by a business owner in Michigan?

The correct deadline for submitting a personal property statement by a business owner in Michigan is February 20. This date is significant because it aligns with Michigan law, which mandates that local assessing officials require businesses to report their personal property information on or before this date in order to ensure accurate property assessments for tax purposes.

This deadline is crucial for local governments to compile property tax rolls accurately and timely. Failing to meet this deadline can result in penalties, including the potential for a business to face consequences regarding property taxes owed. Understanding this specific date is essential for business owners in Michigan to ensure compliance with state tax regulations.