State Tax Rates

Year 2013: Commonwealth of Virginia

		Tax Rate
Corporate Income Tax
		6.00%

Personal Income Tax
	1st $3,000	2.00%
	next $2,000	3.00%
	next $12,000	5.00%
	Remaining Balance	5.75%

Machinery & Tools Tax
		None

Real Estate Tax
		None

Personal Property Tax
		None

Business Tangible Personal Property Tax
		None

Business Intangible Personal Property Tax
		None

Unemployment Insurance Tax
	New Employer’s Rate	2.92%
	Minimum	0.52%
	Maximum	6.62%
	Wage Base	$8,000

Sales and Use Tax
		4.00%