Local Taxes (Tax year 2010)
- Real Property - Due May 20 and Nov. 20 of each year
-
| Washington County |
$0.58 per $100 of fair market value |
| Abingdon |
$0.28 per $100 of fair market value |
| Damascus |
$0.46 per $100 of fair market value |
| Glade Spring |
$0.20 per $100 of fair market value |
Saltville
|
$0.12 per $100 of fair market value |
Method of Valuation: Countywide property reassessment every four years.
- Machinery & Tools
-
| Washington County |
$1.55 per $100 of valuation |
| Abingdon |
$0.55 per $100 of valuation |
| Damascus |
$0.54 per $100 of valuation |
| Glade Spring |
$0.20 per $100 of valuation |
| Saltville |
The tax rate for 2010 has not been set yet. |
Method of Valuation: 100% of original cost in first year; then decreases by 10% annually to 50%
- Personal Property - Due Nov. 20 of each year
-
| Washington County |
$1.55 per $100 of NADA Loan Value |
| Abingdon |
$0.55 per $100 of NADA Loan Value |
| Damascus |
$0.54 per $100 of NADA Loan Value |
| Glade Spring |
$0.20 per $100 of NADA Loan Value |
| Saltville |
The tax rate for 2010 has not been set yet. |
- Transient Occupancy
-
| Washington County |
2% of Total Receipts |
| Abingdon |
7% of Total Receipts |
| Damascus |
5% of Total Receipts |
| Saltville |
4% of Total Receipts |
- 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.
- Sales Tax
- 4.00% state plus 1.00% local (total of 5.00% on each $1.00 of taxable consumer goods and services).
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