Tax Information

 

Method of Valuation: Countywide property reassessment every four years.
Real Estate Property
Washington County      $0.57 per $100 of fair market value
Abingdon      $0.32 per $100 of fair market value
Damascus      $0.54 per $100 of fair market value
Glade Spring      $0.17 per $100 of fair market value
Machinery & Tools
Washington County      $1.55 per $100 of valuation
Abingdon      $0.55 per $100 of valuation
Damascus      $0.54 per $100 of valuation
Glade Spring      $0.17 per $100 of valuation

Method of Valuation: 100% of original cost in first year; then decreases by 10% annually to 50%

Personal Property (Motor Vehicles)
Washington County    $1.55 per $100 of NADA Loan Value
Abingdon     $0.55 per $100 of NADA Loan Value
Damascus     $0.54 per $100 of NADA Loan Value
Glade Spring     $0.17 per $100 of NADA Loan Value
Consumer Utility Taxes

20% on the first $50 of all monthly telephone, electric, and natural gas charges, plus 2% on all charges in excess of $50 up to a maximum of $4,550. The tax shall not exceed $100 per month for industrial and commercial customers.

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Merchant's Capital/Business License

Washington County does not require a business license and does not levy a Merchant's Capital Tax. The Towns of Abingdon, Damascus and Glade Spring levy business license taxes on professionals and retail establishments.
 

Sales Tax

3.50% state plus 1.00% local (total of 4.50% on each $1.00 of taxable consumer goods and services).
 

 

 

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