Vehicle Inventory

Inventory law applies to:

1. Inventories of automobiles, trucks, motorcycles, recreational vehicles, or travel trailers held by a person who holds a (GDN) General Distinguishing Number issued by the Texas Department of Transportation
2. Inventories of certain vessels, boat trailers and outboard motors held by a person who holds a Dealer's and Manufacturer Number issued by the Texas Parks and Wildlife Department.
3. Inventories held by dealers of manufactured homes
4. Inventories held by dealers of heavy equipment

By the 10th of each month during the year, you must file and submit the statement and monthly tax prepayments to the County Tax Assessor-Collector. Substantial civil and criminal penalties are provided in the law for failure to file the required declarations and statements timely.

The monies are deposited into an escrow account for the purpose of payment of property taxes for the current year.

Both the annual declarations // monthly reports must be filed on forms prescribed by the State Comptroller of Public Accounts.

For additional information, please contact the El Paso County Tax assessor-Collector's Office at (915) 771-2332.