- Virginia state sales tax rate is 4.3%, with additional local taxes possible, resulting in varying combined rates by jurisdiction.
- Sales tax applies to tangible personal property and certain services; nexus is established by physical or economic presence (over $100,000 in sales or 200+ transactions).
- Exemptions include most services, residential heating fuels, certain drugs, agricultural items, newspapers, and sales to qualified nonprofits, churches, and government.
- Exempt entities must provide a valid exemption certificate (Form ST-12) to claim exemption.
- Sales tax returns and payments are generally due monthly, but frequency may vary based on business activity.
Source: sovos.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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