This form is provided to inform the town of a business closure. If your business is relocating within Wellesley, please use this Change of Business Address form instead.
Please note that there is no provision in MA Personal Property Tax Law for prorating the personal property tax. If a business has taxable personal property assets in place on the assessment date (January 1st) for a given fiscal year, the business owes the personal property tax for the entire fiscal year. The Town of Wellesley's fiscal year runs from July 1st through June 30th.
Example: A business closes on January 15th, 2024 (14 days after the January 1st assessment date). The business is responsible for paying all personal property tax bills issued for that fiscal year (July 1st, 2023 to June 30th, 2024).
Wellesley, MA
By checking the "I agree" box below, you agree and acknowledge that 1) you are the owner of the business identified in this form, 2) your application will not be signed in the sense of a traditional paper document, 3) by signing in this alternate manner, you authorize your electronic signature to be valid and binding upon you to the same force and effect as a handwritten signature, and 4) you may still be required to provide a traditional signature at a later date.
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