Tax Credits & Exemptions

Corporate Income Tax Credits

Virginia offers a variety of tax credits that are available for use against a company's corporate tax liability:
  • Day Care Facility Investment Tax Credit
  • Green Job Creation Tax Credit
  • Major Business Facility Job Tax Credit
  • Recycling Equipment Tax Credit
  • Research and Development Tax Credit
  • Virginia Port Tax Credit Programs
  • Worker Retraining Tax Credit

Sales & Use Tax Exemptions

Virginia offers some of the broadest sales and use tax exemptions in the U.S.

Property Tax Exemptions

Virginia does not tax intangible property, manufacturers' inventory, manufacturers' furniture, fixtures, or corporate aircraft.
To learn more, please contact our department