Geo-effective Multi-Parks Futurestructure Skillforce Aquaterrarians
     
NaturallyEffective
MultipleParks
21stCentury
SkilledWorkers
LakeAndLandLiving
 
   
 

Taxes

State Taxes
Virginia Corporate Tax Rate: 6%
Virginia ranks in the top twenty states with the lowest corporate tax rate in the United States.

Other taxes applied to businesses include Workers’ Compensation Insurance, Unemployment Insurance Tax and Sales and Use Tax.

Financial

In This Section

Financing Resources

Taxes

Incentives
— Enterprise Zone
— Non-Enterprise Zone
— Technology Zone
— Mecklenburg
— Clarksville
— LaCrosse
— South Hill


See Also:
The following guides offered by the Virginia Economic Development Partnership may also be of use.
VEDP Guide to Local Taxes

VEDP Guide to Business Incentives
2005 Tax Rates per $100 Assessed Value on:
Real Estate
Tangible Personal Property
Machinery & Tools
Locality
Tax Rate
Effective Rate
Tax Rate
Effective Rate
Tax Rate
Effective Rate
Mecklenburg County
$0.39
$0.38
$3.26
$3.26
$0.66
$0.53
Boydton
$0.33
-
$0.88
$0.68
$0.47
$0.47
Chase City
$0.32
-
$1.14
$0.88
$0.61
$0.49
Clarksville
$0.24
-
$1.31
$1.01
$0.38
$0.30
La Crosse
$0.31
-
$1.05
$0.81
$0.24
$0.19
South Hill
$0.30
-
$1.05
$0.81
$0.38
$0.30