Virginia Department of Taxation Publishes Updated Guidelines for Virginia Port Tax Credits

Virginia Department of Taxation Publishes Updated Guidelines for Virginia Port Tax Credits
Virginia Department of Taxation Publishes Updated Guidelines for Virginia Port Tax Credits
Virginia Department of Taxation Publishes Updated Guidelines for Virginia Port Tax Credits

The Port of Virginia is a tremendous asset to the region, and one of the three pillars of the Hampton Roads economy.  On September 5, 2014, the Virginia Department of Taxation published final updated guidelines for the Virginia Port Tax Credits.  These credits are open to any and all Virginia businesses which us the Port of Virginia.  Once a company reaches a certain threshold of port business, it would be eligible to receive significant tax incentives.  These new guidelines are now available on the Department’s Virginia Port Tax Credit Guidelines website.  

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