Businesses - Retail Sales and Use
Every individual, partnership, LLC, and corporation engaging in a business as a retail merchant in Virginia must register with the Department of Taxation by filing the Business Registration Application (Form R-1). This form is available in the Office of the Commissioner of the Revenue at the Business License counter. Retail Merchants must collect the sales taxes and may remit them to the Department of Taxation either monthly or quarterly, depending on the volume of business. Sales tax returns (ST-9), which are required to be filed with the Department of Taxation, can be delivered by the dealer to the Office of the Commissioner of the Revenue.
Effective September 1, 2004, the rate of the Virginia Retail Sales and Use Tax is 5% (4% state and 1% local). The sales and use tax for vending machine dealers is 6% (5% state and 1% local). Effective July 1, 2005, the rate for sales and use tax on food for home consumption is 2 ½ % (1 ½ % state and 1% local.)
Tax Forms
Additional information may be found on the Virginia Department of Taxation Internet site |
