Newport News, VA - Taxes | Major Tax Rates

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		State+Local Tax Burden

		Major Tax Rates for Businesses

		Major Tax Rates for Individuals

		Development+Building Permit Fees

		State Unemployment Insurance Tax

		Workers Compensation

		Comparative Tax Data

Major Tax Rates - Affecting Individuals in Newport News
Effective July 1, 2008

Taxes
State Income Tax	2% on first $3,000 3% on $3,001 to $5,000 5% on $5,001 to $17,000 5.75% on $17,001 and over
Real Estate Tax Rate	$1.10/$100, full assessed value
Vehicle tax	$4.25/$100, full assessed value
State Communications Sales Tax	5%
Public Right-of-Way Use Fee	$0.64 monthly per subscriber per line (applies to cable television and landline telephone service)
State Telephone 911 Tax	$0.75 monthly per landline telephone line
Electrical Utility Tax	$1.54 + $0.016398 per kWh; $3.08 maximum monthly levy
Natural Gas Utility Tax	$1.51 per month
Sales Tax	5.0% (4.0% state and 1% local)
Meals Tax	6.5% (plus sales tax)
Hotel Tax	7.5%
Admissions Tax	7.5%
Cigarette Tax	20's/$0 .65	25's/ $0.8125	30's/$0 .9750

Taxes are those commonly applicable to businesses in Newport News. The foregoing list may not include specialized circumstances.

Updated 06.24.08