23 Va. Admin. Code § 10-210-220 - Brackets for collection of the tax
The bracket system is used to eliminate fractions of $.01 and must be used to compute the tax on transactions of $5.00 or less. On transactions over $5.00, the tax is computed at a straight 5.3% (6.0% in the Hampton Roads and Northern Virginia Regions), with one half cent or more treated as $.01. Any dealer who collects the tax in accordance with the bracket system set forth herein shall not be deemed to have over collected the tax. For over collection of the tax generally, see 23VAC10-210-340 D.
Sales Price |
Tax Due |
0.01 to 0.09 |
0 |
0.10 to 0.28 |
0.01 |
0.29 to 0.47 |
0.02 |
0.48 to 0.66 |
0.03 |
0.67 to 0.84 |
0.04 |
0.85 to 1.03 |
0.05 |
1.04 to 1.22 |
0.06 |
1.23 to 1.41 |
0.07 |
1.42 to 1.60 |
0.08 |
1.61 to 1.79 |
0.09 |
1.80 to 1.98 |
0.10 |
1.99 to 2.16 |
0.11 |
2.17 to 2.35 |
0.12 |
2.36 to 2.54 |
0.13 |
2.55 to 2.73 |
0.14 |
2.74 to 2.92 |
0.15 |
2.93 to 3.11 |
0.16 |
3.12 to 3.30 |
0.17 |
3.31 to 3.49 |
0.18 |
3.50 to 3.67 |
0.19 |
3.68 to 3.86 |
0.20 |
3.87 to 4.05 |
0.21 |
4.06 to 4.24 |
0.22 |
4.25 to 4.43 |
0.23 |
4.44 to 4.62 |
0.24 |
4.63 to 4.81 |
0.25 |
4.82 to 4.99 |
0.26 |
5.00 |
0.27 |
For differential rate on fuels for domestic consumption, see 23VAC10-210-630.
Sales Price |
Tax Due |
0.00 to 0.08 |
0 |
0.09 to 0.24 |
0.01 |
0.25 to 0.41 |
0.02 |
0.42 to 0.58 |
0.03 |
0.59 to 0.74 |
0.04 |
0.75 to 0.91 |
0.05 |
0.92 to 1.08 |
0.06 |
1.09 to 1.24 |
0.07 |
1.25 to 1.41 |
0.08 |
1.42 to 1.58 |
0.09 |
1.59 to 1.74 |
0.10 |
1.75 to 1.91 |
0.11 |
1.92 to 2.08 |
0.12 |
2.09 to 2.24 |
0.13 |
2.25 to 2.41 |
0.14 |
2.42 to 2.58 |
0.15 |
2.59 to 2.74 |
0.16 |
2.75 to 2.91 |
0.17 |
2.92 to 3.08 |
0.18 |
3.09 to 3.24 |
0.19 |
3.25 to 3.41 |
0.20 |
3.42 to 3.58 |
0.21 |
3.59 to 3.74 |
0.22 |
3.75 to 3.91 |
0.23 |
3.92 to 4.08 |
0.24 |
4.09 to 4.24 |
0.25 |
4.25 to 4.41 |
0.26 |
4.42 to 4.58 |
0.27 |
4.59 to 4.74 |
0.28 |
4.75 to 4.91 |
0.29 |
4.92 to 5.00 |
0.30 |
Notes
Statutory Authority: § 58.1-203 of the Code of Virginia.
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