Fairfax County and the Commonwealth of Virginia tax its citizens and businesses to offset the costs of transportation, schools and other public services. The real property tax rate in Fairfax County has declined from $1.74 per $100 of assessed value in 1976 to the present rate of $1.075. The Commonwealth of Virginia has not raised its corporate income tax rate since 1972.
| Corporate Income | 6 percent |
| Personal Property | $4.57 per $100 of assessed value |
| Real Property (commercial) | $1.185 per $100 of assessed value |
| Real Property (residential) | $1.075 per $100 of assessed value |
| Sales and Use | 5 percent (4 percent state + 1 percent local) |
| Sales and Use (food for home consumption) | 2.5 percent (1.5 percent state + 1 percent local) |
| Personal Income | 5.75 percent (top rate) |
| Hotel/motel (Transient Occupancy) |
4 percent (The Fairfax County rate applied to the towns of Vienna and Herndon is 2 percent.) (+6 percent for lodging and 1.5 percent for meals – Town of Herndon) (+3 percent – Town of Vienna) |
A complete description of state and local taxes is available for download (.pdf file). The FCEDA publication Doing Business in Fairfax County has a comprehensive description of business taxes in the county. The Quick Reference Guide is also helpful. For further information, contact the Virginia Department of Taxation or the Fairfax County Department of Tax Administration.
Businesses — Virginia businesses can manage their tax accounts electronically through VA TAX/VEC Online for Business using the following services:
Individuals — iFile for Individuals enables most Virginia residents to file and pay individual income taxes online directly with the Virginia Department of Taxation, file and pay extensions and estimated tax payments, and check on the status of their refund.