Culpeper Taxes
Culpeper County Taxes
Culpeper County chooses to have some of the lowest taxes in the region and state. Our tax structure, paired with our by-right incentives, makes Culpeper County an ideal business location.
We do not have BPOL (business license) or Merchant’s Capital taxes.
Real
Estate
$0.46
Machinery
and Tools
$2.00
Business
Personal Property
$3.50
Computer Equipment
$3.50
All taxes per $100 assessed
Machinery and Tools Depreciation Cycle
Machinery and Tools taxes are assessed on a depreciation basis, as shown below.
Formula:
Original cost x Depreciation value (see below) ÷ 100 x 2.00 (tax rate)
Year 1
%
Year 4
%
Year 2
%
Year 5
%
Year 3
%
Years 6+
%
Business Personal Property Depreciation Cycle
Business Personal Property taxes are assessed on a depreciation basis, as shown below.
Formula:
Original cost x Depreciation value (see below) ÷ 100 x 3.50 (tax rate)
Year 1
%
Year 4
%
Year 2
%
Year 5
%
Year 3
%
Years 6+
%
Computer Equipment Depreciation Cycle
Computer Equipment taxes are assessed on an accelerated depreciation basis, as shown below.
Formula:
Original cost x Depreciation value (see below) ÷ 100 x 3.50
Year 1
%
Year 4
%
Year 2
%
Years 5+
%
Year 3
%
Taxes are assessed by the Commissioner of the Revenue. Questions regarding assessment of taxes should be directed to the Commissioner’s office.
Town of Culpeper
Businesses located within the corporate limits of the Town of Culpeper pay taxes to both the Town and County. Learn more about the Town’s tax structure.