Texas Tax Code Chapter 22 Requirements
Under Texas law, business personal property including inventory must be rendered to the county appraisal district. For aggregate operations, this includes the value of all stockpiled materials.
January 1st Deadline
The critical date is January 1st - your inventory valuation must reflect what you have on hand at the start of the year. Late or inaccurate renditions can result in penalties of 10-50% of unpaid taxes.
Year-End Tax Flight Package
DFW Site Metrics offers a Year-End Tax Flight package specifically designed to provide audit-defensible inventory valuations before the January 1st deadline. Get accurate volumes that can withstand appraisal district scrutiny.
Penalties for Inaccurate Reporting
Texas imposes significant penalties for underreporting inventory values. A professional volumetric survey provides documentation that protects you during audits.