What are the tax rates in Virginia?

The tax rates in Virginia vary depending on the type of tax being levied. The individual income tax rates range from 2% to 5.75% based on income brackets. Virginia also imposes a 6% state sales and use tax on most purchases, with additional local taxes in some areas bringing the total to 5.3% to 7%. Furthermore, there is a corporate income tax rate of 6% on Virginia taxable income. Additional taxes include a motor fuels tax, a cigarette tax, and a tax on certain utilities. It is important to note that certain localities might have additional taxes or rates that differ from the statewide rates. For a more comprehensive breakdown of tax rates, individuals and businesses can refer to the Virginia Department of Taxation's official website or contact their customer service for specific information.