Business Costs

King George County

Real Estate Tax Rate

  • Amount per $100 of assessed value - $0.70

BPOL

  • Amount per $100 of gross receipts over threshold - $0.10 Minimum Depending on Industry Sector (Please consult with Commissioner of Revenue for Individual Categories)
  • Minimum License Fee - $25
  • Threshold Amount - $2,500

Sales Tax (Charged to Consumer) 

  • 5.3%

Business Tangible Personal Property Tax

  • Amount per $100 of assessed value - $3.50

Machinery & Tools Tax Rate

  • Amount per $100 of assessed value - $2.50

Commonwealth of Virginia

  • Corporate Income Tax - 6%
  • Sales and Use Tax - 5.3% (4.3% state and 1% local)