Business Tax Rates
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Business Professional and Occupational License (BPOL) Tax
No license tax is levied on a business whose base year gross receipts, or gross purchases for wholesale merchants, were less than $400,000. The amount of gross receipts shall be reduced by $400,000. for calculating the applicable tax.
| Classification/Activity | Tax per $100 Gross Receipts |
|---|---|
| Amusement/Admissions | $0.19 |
| Amusement Machine Operator | $0.20 |
| Business Service | $0.20 |
| Contractor | $0.14 |
| Commission Merchant | $0.20 |
| Computer Service | $0.03 |
| Direct Seller - Retail | $0.19 |
| Direct Seller - Wholesale | $0.05 |
| Financial Service | $0.20 |
| Merchant Placing Vending Machines | $0.19 |
| Merchandise Broker | $0.20 |
| Personal Service | $0.20 |
| Professional Service | $0.20 |
| Real Estate Service | $0.20 |
| Repair Service | $0.20 |
| Retail Merchant | $0.19 |
| Utility Service | $0.50 |
| Wholesale Merchant | $0.10 |
Flat Fee License Tax
Every person engaged in a licensable business shall pay an annual fee if the total gross receipts, or gross purchases for wholesale merchants, from the licensable activity are $10,000 or more, but less than $400,000., during the base year.
| Classification/Activity | Flat Fee |
|---|---|
| Alcoholic Beverage - beer & wine | $20 |
| Alcoholic Beverage | |
| 1-100 mixed beverages | $200 |
| 101-150 mixed beverages | $350 |
| over 150 mixed beverages | $500 |
| Fortune Teller | $300 |
| Itinerant Merchant - edible perishables | $50 |
| Itinerant Merchant - goods, wares, merchandise | $250 |
| Night Club Owner | $100 |
| Peddler - up to 30 minutes in one place | $25 |
| Peddler - up to 8 hours in one place | $250 |
| Vendor Event - minimum 5 vendors | $25 |
Business Tangible Personal Property
Every taxpayer who owns, leases, rents or borrows tangible personal property that was used or available for use (even partial use) for a business in Chesterfield County, VA on January 1, is to report such property by March 1.
Property must be reported and itemized at its actual cost before any allowance for trade-in or depreciation. Cost figures are totaled by year on a calendar year basis. Yearly cost-figures are multiplied by varying percentages to arrive at the “assessed value”.
| Tax Type | |
|---|---|
| Furniture, Fixtures and Equipment | $3.60 |
| Computer Equipment | $3.60 |
| Machinery and Tools | $1.00 |
| Data Centers | $0.24 |
| Wild or Exotic Animals | $0.01 |
| Biotechnology Equipment | $1.00 |
Other Local Excise Taxes
The collected taxes shall be held in trust by the person until remitted as required.
| Tax Type | Percentage |
|---|---|
| Short Term Rental | 1% |
| Heavy Equipment | 1.5% |
| Transient | 8% |