23 VAC Title 23 Agency 10 — Virginia Tax Regulations
23VAC10-500-340
Wholesale sales; maximum rate
Official textlaw.lis.virginia.gov
In general, the maximum rate for local license taxes imposed on a person engaged in wholesale selling is five cents per $100 of purchases of goods for sale. In lieu of a tax, a license fee also be charged by the locality. The amount of the fee depends upon the locality's population. (23VAC10-500-100.) Some localities are grandfathered to assess a BPOL tax on wholesalers based upon gross receipts.
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Nearby sections (25 sections)
- 10-500-220 · Apportionment; agreement to apportion among localities
- 10-500-230 · Contractors; maximum rate
- 10-500-240 · Contractors; classification
- 10-500-250 · Contractors; list of occupations
- 10-500-260 · Installation by merchant
- 10-500-270 · Retail sales; maximum rate
- 10-500-280 · Retail sales; retail and wholesale distinguished
- 10-500-290 · Retail sales; banks
- 10-500-300 · Retail sales; solicitation
- 10-500-310 · Retail sales through a commission merchant
- 10-500-320 · Nonmercantile businesses
- 10-500-330 · Motor vehicle dealers
- 10-500-340 · Wholesale sales; maximum rate
- 10-500-350 · The licensable privilege of wholesale selling
- 10-500-360 · Wholesale activities ancillary to manufacturing
- 10-500-370 · Financial, real estate and professional services; maximum…
- 10-500-380 · Financial services; definitions
- 10-500-390 · Financial services; list of occupations
- 10-500-400 · Financial services; buying for another
- 10-500-410 · Financial services; banks
- 10-500-420 · Real estate services
- 10-500-430 · Real estate services; list of occupations
- 10-500-440 · Professional services; generally
- 10-500-450 · Professional services; list of occupations
- 10-500-460 · Professional services; consulting