Instructions for Schedule BI-473 Composite Schedule - Vermont

This document contains official instructions for Schedule BI-473 , Composite Schedule - a form released and collected by the Vermont Department of Taxes.

FAQ

Q: What is Schedule BI-473 Composite Schedule?
A: Schedule BI-473 Composite Schedule is a form used in Vermont to report the value of all personal property owned by a business and located within the state.

Q: Who needs to fill out Schedule BI-473?
A: Businesses in Vermont that own personal property that is taxable must fill out Schedule BI-473.

Q: What is considered taxable personal property?
A: Taxable personal property includes items such as equipment, machinery, furniture, and fixtures that are used for business purposes.

Q: When is the deadline to submit Schedule BI-473?
A: The deadline to submit Schedule BI-473 is typically April 18th, unless an extension has been granted.

Q: Are there any penalties for late submission of Schedule BI-473?
A: Yes, there are penalties for late submission of Schedule BI-473, including interest charges on any taxes owed.

Q: What should I do if I have questions or need assistance with Schedule BI-473?
A: If you have questions or need assistance with Schedule BI-473, you can contact the Vermont Department of Taxes for guidance.