                                 CODE OF VIRGINIA

(CONTINGENT EFFECTIVE DATE) IMPOSITION OF SALES TAX (§ 58.1-603)

There is hereby levied and imposed, in addition to all other taxes and fees of
every kind now imposed by law, a license or privilege tax upon every person who
engages in the business of selling at retail or distributing tangible personal
property in this Commonwealth, or who rents or furnishes any of the things or
services taxable under this chapter, or who stores for use or consumption in
this Commonwealth any item or article of tangible personal property as defined
in this chapter, or who leases or rents such property within this Commonwealth,
in the amount of three and one-half percent through midnight on July 31, 2004,
and four percent beginning on and after August 1, 2004:

1. Of the gross sales price of each item or article of tangible personal
property when sold at retail or distributed in this Commonwealth.

2. Of the gross proceeds derived from the lease or rental of tangible personal
property, where the lease or rental of such property is an established business,
or part of an established business, or the same is incidental or germane to such
business.

3. Of the cost price of each item or article of tangible personal property
stored in this Commonwealth for use or consumption in this Commonwealth.

4. (Effective until September 1, 2021) Of the gross proceeds derived from the
sale or charges for rooms, lodgings or accommodations furnished to transients as
set out in the definition of &#8220;retail sale&#8221; in &#xA7; 58.1-602.

(Effective September 1, 2021) Of the gross proceeds derived from the sale or
charges for accommodations furnished to transients as set out in the definition
of &#8220;retail sale&#8221; in &#xA7; 58.1-602.

5. Of the gross sales of any services which are expressly stated as taxable
within this chapter.

HISTORY: Code 1950, § 58-441.4; 1966, c. 151; 1984, c. 675; 1986, Sp. Sess., c.
12; 2004, Sp. Sess. I, c. 3; 2021, Sp. Sess. I, c. 383.