What is Richmond’s Sales Tax Rate?
In 2022, the combined tax rate for Richmond is 6% (zip code 23219). Despite the fact the City is not located within a formal county, there is a special sales tax assessed on transactions. The universal sales tax rate in Virginia is 4.3%, within Richmond 1.0%, added onto the Special Tax Rate, for a total of 6.0% in 2022.
State of Virginia | 4.3% |
City of Richmond | 1.0% |
Special Tax Rate | .7% |
Total | 6.0% |
The location of your business or organization is used to determine the tax rate, especially for on-site sales. A different rate could apply for products that are shipped depending on facts and circumstances. As outlined above, Virginia has a 4.3% statewide tax, but there are over 270 local jurisdictions (with an average rate of 1.327%) that compound on top of the state rate. In other words, the total tax amount will vary based on location.
Online Sales Tax Calculation
The Virginia Department of Revenue last issued an update to online sales tax rules in 2019. A remote seller or marketplace facilitator has economic nexus if they facilitate the sale of more than $100,000 in gross receipts or more than 200 transactions with Virginia customers.