Join | Member Login
Arlington (VA) Chamber of Commerce | Arlington, VA 22201
  • Membership
    • Membership Benefits
    • Join Now!
    • ShopChamber
    • Advertising
    • Committees
    • Annual Corporate Sponsors
    • Job Bank
    • Member Login
  • Business Directory
  • Events
    • Chamber Calendar
    • Community Calendar >
      • Submit a Community Event
    • Networking Events >
      • SMART Start
      • Breakfast Connection
      • Business After Business
    • Signature Events >
      • Arlington Business Gala
      • Cards & Clubs
      • Best Business Awards
      • Hospitality Awards
      • Volunteer Arlington Day
      • State of the County & Public Safety Awards
      • Scholar's Cup
      • Annual Meeting
    • Educational Events
    • Travel >
      • Trip to China
  • Community
    • Young Entrepreneurs Academy (YEA!)
    • Northern Virginia Restaurant Week
    • Scholarship Fund
    • About Arlington >
      • Business Resources
      • Relocation
      • Map of the Area
      • Visiting Arlington
  • Business Advocacy
    • Public Policy Positions
    • Recent Advocacy
    • Public Policy Archives
  • About the Chamber
    • Board of Directors
    • Staff Directory
    • Blog
    • FAQs
    • Publications
    • Press Releases
    • Contact Us
  • Chamber in the News
  • Membership
    • Membership Benefits
    • Join Now!
    • ShopChamber
    • Advertising
    • Committees
    • Annual Corporate Sponsors
    • Job Bank
    • Member Login
  • Business Directory
  • Events
    • Chamber Calendar
    • Community Calendar >
      • Submit a Community Event
    • Networking Events >
      • SMART Start
      • Breakfast Connection
      • Business After Business
    • Signature Events >
      • Arlington Business Gala
      • Cards & Clubs
      • Best Business Awards
      • Hospitality Awards
      • Volunteer Arlington Day
      • State of the County & Public Safety Awards
      • Scholar's Cup
      • Annual Meeting
    • Educational Events
    • Travel >
      • Trip to China
  • Community
    • Young Entrepreneurs Academy (YEA!)
    • Northern Virginia Restaurant Week
    • Scholarship Fund
    • About Arlington >
      • Business Resources
      • Relocation
      • Map of the Area
      • Visiting Arlington
  • Business Advocacy
    • Public Policy Positions
    • Recent Advocacy
    • Public Policy Archives
  • About the Chamber
    • Board of Directors
    • Staff Directory
    • Blog
    • FAQs
    • Publications
    • Press Releases
    • Contact Us
  • Chamber in the News

ChAmber Blog

Business Tangible Property Tax Explained

8/31/2017

1 Comment

 
Picture
By Stephanie Shea, Communications Strategist, Arlington County Treasurer’s Office

There was a time in ye old Virginia, when individuals were taxed on their possessions, or “tangibles.”  In the 1600s, it was the Sheriff who noted a person’s chairs, beds, silver, farm equipment, and other assets. The Sheriff, too, received the tax payments. Over much time, tangible tax for individuals was eventually replaced by a vehicle personal property tax. Today, individuals no longer pay tax on their non-vehicle possessions, but businesses still do. And today, it is the Commissioner of Revenue who makes assessments, with whom you file, and who performs audits. It is the Treasurer’s Office who sends the bills for taxes and receives the payments. The Sheriff is no longer in the tax business.
​
Businesses must report property that is owned, leased, or in their possession in Arlington as of January 1. All Arlington County businesses must file a Business Tangible Property Tax Return with the Commissioner of Revenue each year by May 1. There are a few exempted items, and the Commissioner’s website can help you learn what those are. Payments are due each year to the Treasurer’s Office by September 5.

Picture
Business Tangible Tax is not prorated. If you are in business on January 1, you will be taxed for the year. So, if you move or close your business on, say, January 3, you would owe taxes for that year.  If you move or close your business on December 29, you would not owe taxes for the following year.
​
Last year:
  • The Commissioner of Revenue assessed taxes on over 7,900 Business Tangible Tax accounts
  • The largest single Business Tangible Tax payment paid was over $4 million
  • The smallest single Business Tangible Tax payment paid was under $9.00
  • The Treasurer’s Office received over $37,800,000 in Business Tangible Tax payments

The money received from the Business Tangible Property Tax goes into the County’s General Fund to help pay for schools, roads, parks, emergency services, and many other important and wonderful benefits we get from living and working in Arlington.

Whether you are a paint-color consultant who works from home with only a phone, laptop, printer, and paint chips, or a hotel owner with hundreds and hundreds of beds, nightstands, lamps, and mini fridges, you will need to file and pay Business Tangible Property Tax. Setting up a profile with the Customer Assessment and Payment Portal (CAPP) is a great way to pay bills, receive bill reminders, file taxes, view assessments and online payment history, manage automatic payments, and update account information. Great for individuals, and great for businesses, too!

Treasurer’s Office:  https://departments.arlingtonva.us/treasurers-office/
Commissioner of Revenue:  https://departments.arlingtonva.us/cor/
CAPP:  https://capp.arlingtonva.us/

1 Comment
Jay Reiner link
9/5/2017 08:23:25 am

timely article. I had a consultation earlier today with somebody who was starting a biz in Arlington County, and I told her to go to Courthouse and register for a business license and for business personal property tax!

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    The mission of the Arlington Chamber of Commerce is to strengthen businesses and the economic environment for those who work, live and do business in Arlington.
    Picture
    Contribute to the blog!
    Educate the Chamber membership and Arlington business community by writing a post for our blog! To get started download the blog guidelines and blog template. For questions and more information, contact Caroline Taylor, Communications Manager.
    Picture
    Thanks to our Blog Sponsor

    Archives

    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013

    RSS Feed

Weblink International
© Copyright 2016 Arlington Chamber of Commerce. All rights reserved.
2009 14th Street, North  | Suite 100 | Arlington, VA 22201 | Directions
Tel (703) 525-2400 | chamber@arlingtonchamber.org

Subscribe to This Week At Your Chamber
For Email Marketing you can trust.
Home | ​Join Now | Site Map
✕