{
  "slug": "business-personal-property-tax",
  "title": "Business Equipment Taxes",
  "metric": "Tax treatment of tangible business property",
  "unit": "state law category",
  "year": "2025",
  "source": {
    "name": "Tax Foundation; state statutes",
    "url": "https://taxfoundation.org/data/all/state/tangible-personal-property-taxes/"
  },
  "values": {
    "AK": "taxed",
    "AL": "taxed",
    "AR": "taxed",
    "AZ": "de-minimis",
    "CA": "taxed",
    "CO": "de-minimis",
    "CT": "taxed",
    "DE": "exempt",
    "FL": "de-minimis",
    "GA": "de-minimis",
    "HI": "exempt",
    "IA": "exempt",
    "ID": "de-minimis",
    "IL": "exempt",
    "IN": "de-minimis",
    "KS": "taxed",
    "KY": "taxed",
    "LA": "taxed",
    "MA": "taxed",
    "MD": "de-minimis",
    "ME": "taxed",
    "MI": "de-minimis",
    "MN": "exempt",
    "MO": "taxed",
    "MS": "taxed",
    "MT": "de-minimis",
    "NC": "taxed",
    "ND": "exempt",
    "NE": "taxed",
    "NH": "exempt",
    "NJ": "exempt",
    "NM": "exempt",
    "NV": "taxed",
    "NY": "exempt",
    "OH": "exempt",
    "OK": "taxed",
    "OR": "taxed",
    "PA": "exempt",
    "RI": "de-minimis",
    "SC": "taxed",
    "SD": "exempt",
    "TN": "taxed",
    "TX": "taxed",
    "UT": "de-minimis",
    "VA": "taxed",
    "VT": "taxed",
    "WA": "taxed",
    "WI": "exempt",
    "WV": "taxed",
    "WY": "taxed"
  }
}