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Economic Development - Taxes

Louisa County has some of the lowest taxes in Virginia, including the lowest taxes on machinery and property:

LOUISA COUNTY Year        Rate Per $100    Percentage
   of Assessed
Value
   Effective Rate
   Real Estate Tax Rate   0.62 100% 0.62
   Vehicles, Motorcycles, RV's, Trailers & Boats (based on trade-in value) 1.90 100% 1.90
   Aircraft 0.48 100% 0.48
   Business Personal Property (furniture, fixtures, etc.) 1.90 100% 1.90
   Machinery & Tools (based on original value) 1.90 10% 0.19
   Merchants' Capital 0.65 100% 0.65
   Industrial Utility Tax:      
     Gas $100 ($180 max) - Electric $1.72 ($2.25 max) 1.72 100% 1.72
   Non-Manufacturing Personal Property Tax (declining basis) 1 1.90 90% 1.71
2 1.90 80% 1.52
3 1.90 70% 1.33
4 1.90 60% 1.14
5 1.90 50% 0.95
6 1.90 40% 0.76
7 1.90 30% 0.57
8 1.90 25% 0.48
TOWN OF LOUISA
   Real Estate Tax Rate over and above County Rate   0.166    
   Business License Tax 0.18    
TOWN OF MINERAL
   Real Estate Tax Rate over and above County Rate 0.25    
   Business License Tax 0.10    



For more on Taxes, please read the Virginia Economic Development Partnership's online publication The Virginia Guide To Local Taxes on Business. Click on any of the links below for more information on Finance ...

Click on any of the links below for more information on Utilites ...