Virginia’s New Sales Tax Rates: What Rate Applies?

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Virginia’s increased sales tax rates take effect on July 1, 2013, and complying with the new rates will not be as easy as hard coding a new rate into your sales tax compliance system. Not only will the general rate increase from 5% to 5.3% (this rate includes the local 1% tax), an additional 0.7% tax will apply for all sales sourced to the Northern Virginia or Hampton Roads regions (resulting in a 6% total tax rate for sales in these regions).

Determining how to properly source a sale within or outside the Northern Virginia and Hampton Roads regions …read more

Read more here:: Tax

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