In Virginia, counties and cities are separate taxing entities. Companies and individuals pays either county or city taxes, depending upon the location. However, someone located within the limits of a town is subject to both town and county taxes.

Virginia Sales & Use Tax

5.3%

Real Estate Tax

Locality		Assessment Ratio	Effective Rate
Campbell County		100%	$0.52
Town of Brookneal		100%	$0.17
Town of Altavista		100%

Machinery & Tools Tax

Locality	Value Used		Assessment Ratio	Effective Rate/$100
Campbell County	Original Cost		25%	$0.81
Town of Brookneal	Original Cost		25%	$0.43
Town of Altavista	Original Cost		25%	$0.50

Business Personal Property Tax

Age of Equipment: 1 - 10 Years

Locality	Value Used		Effective Rate/$100
Campbell County	25% of cost		$1.11
Town of Brookneal	25% of cost		$0.43
Town of Altavista	25% of cost		$0.50

Age of Equipment: 10 + Years

Locality	Value Used		Effective Rate/$100
Campbell County	15% of cost		$0.67
Town of Brookneal	15% of cost		$0.26
Town of Altavista	15% of cost		$0.30

Business & Professional Occupational License

All businesses with gross receipts under $100,000 are exempt from tax and subject to license fee only ($20, $30 or $40).

• $0.16/$100 of gross receipts for contractors
• $0.50/$100 of gross receipts for professional service
• $0.20/$100 of gross receipts for retail sales
• $0.05/$100 of gross purchases for wholesale
• $0.35/$100 of gross receipts for personal service and repair

Utility Taxes

• Telephone: $1.40 maximum/month on each line
• Mobile Phone: $3.00 maximum/month (10% of first $30.00)
• Gas: $3.00 maximum/month
• E-911 Service Fee: $1.60 maximum/month per line
• Electricity: $3.00 maximum/month on each meter