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Site Selection - Loudoun features a variety of buildings and land to meet your business needs.

Taxation & Fees
Overview
Located in a state known for its fiscal responsibility, Loudoun County offers distinct tax advantages and a business-friendly government that puts your taxes in the places they’re needed most.

State Taxes
Virginia state taxes include:
  • A 6% corporate income tax rate that has not been increased since 1972
  • A 5% combined state and local sales tax
  • The second lowest unemployment tax burden in the nation
  • A workers comp rate 44% lower than the national average - at $2.09 per $100 payroll as of January 2009
  • No franchise or net worth tax
  • One of the ten lowest effective tax rates for new capital investments, according to Ernst & Young and The Council on State Taxation (COST) in 2011

Virginia is also known for its fiscal discipline - a discipline that has earned a AAA bond rating from Moody’s, Fitch, and Standard & Poors, a rating that Loudoun County has also achieved.

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Corporate Income Tax
At 6%, our corporate income tax has not been raised in over 30 years and is based on a three-factor apportionment formula of payroll, property, and sales. A single-factor apportionment election based on sales is available for manufacturing companies.

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Sales & Use Tax
The total sales and use tax in Loudoun County is 5% (4% state, 1% local). Sellers are subject to a sales tax on gross receipts from retail sales or leases of taxable, tangible personal property. Manufacturing companies are not subject to taxes on purchases used for production and distributors are not subject to taxes on items purchased for resale.

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Loudoun County Taxes
Real property tax: real estate in Virginia is assessed at 100% of fair market value and property tax bills are based on the assessment and the real property tax rate, set annually by the Board of Supervisors.

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County Taxes
  • Business professional occupational license (BPOL) tax: business owners must register their business with the Commissioner of Revenue within 30 days of commencing business operations in Loudoun County and must renew their business license each year by reporting gross receipts.
  • Business tangible personal property (BPPT) tax: businesses must declare furniture, fixtures, computer equipment, machinery, tools, heavy equipment, and other property located in Loudoun County each year. An aggressive depreciation schedule of 50% year one and 10% each following year until year five applies.

A Triple-A Rating for Financial Discipline
With a long tradition of fiscal discipline, Virginia has consistently maintained a AAA rating from Moody’s, Fitch, and Standard & Poors since 2005. Because of this rating, Loudoun County receives the most favorable interest rates available for issuing bonds.