Tax Rate Information
Real Property – Due May 20 and Nov. 20 of each year
$0.60 per $100 of fair market value (Due Dates: May 20 & Nov 20)
$0.28 per $100 of fair market value (Due Dates: May 20 & Nov 20)
$0.46 per $100 of fair market value (Due Dates: May 20 & Nov 20)
$0.23 per $100 of fair market value (Due Dates: Dec 21)
$0.18 per $100 of fair market value (Due Dates: Dec 5)
Method of Valuation: Countywide property reassessment every four years.
Next reappraisal period: To be completed in the fall of 2020 and will take effect January 1, 2021.
Machinery & Tools
$1.55 per $100 of valuation
$0.55 per $100 of valuation
$0.52 per $100 of valuation
$0.20 per $100 of valuation
$0.85 per $100 of valuation
Method of Valuation: 100% of original cost in first year; then decreases by 10% annually to 50%
Merchant’s Capital Business License
Washington County does not require business licenses nor levies a Merchant’s Capital Tax. The Towns of Abingdon, Damascus and Glade Spring levy business license taxes on professionals and retail establishments.
Personal Property – Due Nov. 20 of each year
$1.70 per $100 of NADA Loan Value (Due Date: Nov 20)
$0.55 per $100 of NADA Loan Value (Due Date: Nov 20)
$0.52 per $100 of NADA Loan Value (Due Date: Nov 20)
$0.20 per $100 of NADA Loan Value (Due Date: Dec 21)
$0.65 per $100 of NADA Loan Value (Due Date: Dec 5)
Transient Occupancy
Sales Tax
4.3% state plus 1.00% local (total of 5.3% on each $1.00 of taxable consumer goods and services).