Cascades is currently targeting companies from the below industries. Expand each industry for more context.
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Cascades Economic Development Team
Angela Wright
Marketing Manager
Hanover County Economic Development
Armon Smith
Deputy Director Of Economic Development
Hanover County Economic Development
Taxes in Cascades, VA
In Cascades, Virginia, the local sales tax rate is 1%, while the state sales tax rate stands at 4.3%. Additionally, the county sales tax rate for Loudoun County, where Cascades is located, is 1%. Therefore, the combined sales tax rate in Cascades, VA is 6.3%.
For businesses operating in Cascades, Virginia, the corporate income tax is set at a flat rate of 6% by the state. Virginia does not impose a state-level gross receipts tax. However, certain cities and counties may levy a Business, Professional and Occupational License (BPOL) tax, which is a type of gross receipts tax. The rate varies depending on the type of business and its gross receipts.
Regarding property taxes in Cascades, Virginia, commercial and industrial properties are taxed at the same rate as residential properties. The tax rate is set by Loudoun County and is currently $1.035 per $100 of assessed value. Personal property tax, which applies to items like vehicles and boats, is set at $4.20 per $100 of assessed value.
More comprehensive tax data for Cascades is coming soon!
Featured Profiles
Business and Tax Incentives in Cascades, VA
Cascades offers a variety of economic incentives to help businesses at the local, state, and federal level.
No incentives found! If you are a local economic developer in Cascades, claim this profile to add your incentives and attract more employers to your community.
Reviews
Let’s see what local businesses have to say about doing business in Cascades.
FAQs about Cascades, VA
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