Frequently Asked Questions
Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.
Commissioner of Revenue
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You will be responsible for both.Commissioner of Revenue
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Yes, if the equipment is still in use by the business. Even if the equipment is fully depreciated and off the IRS return, the description, cost, and acquired date need to be filed on Form 762B and/or 762C.Commissioner of Revenue
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Yes, include the business name, address, telephone number, type of equipment, lease date, and cost.Commissioner of Revenue
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Yes. Include for each location (if more than one). Check with your business owner to determine who is responsible for filing business equipment and inventory with the Commissioner of the Revenue office.Commissioner of Revenue
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It is merchandise on hand January 1 of the tax year which is available for sale. Inventory is reported at the wholesale value. Inventory is filed on your Form 1040 (IRS) Schedule C Profit and Loss from Business. The line number is 41 “Inventory at the end of the year”.Commissioner of Revenue
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Yes, must indicate Town or County to assure you are assessed and billed by the correct localities.Commissioner of Revenue
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Yes, so you will be taxed by the correct localities and the license fee assessed by the correct authority.Commissioner of Revenue
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Yes, to avoid an erroneous billing.Commissioner of Revenue
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Yes, return Form 762B or 762C by February 1 and provide the date closed.Commissioner of Revenue
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Shenandoah County is non-prorating. Taxation is based on equipment owned as of January 1.Commissioner of Revenue
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Yes, provide the date opened, along with a list of equipment (include date acquired, description, and cost).Commissioner of Revenue
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Yes, all Form 762B and Cs must be filed along with a complete list of equipment (include date acquired, description, and cost) by February 1 of the year.Commissioner of Revenue
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You will be responsible for both.Commissioner of Revenue
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Commissioner of Revenue
The value is assessed by the whole sale aircraft bluebook. Mobile home values are calculated based on the width and length.
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Yes, must indicate Town or County to assure you are assessed and billed by the correct localities.Commissioner of Revenue
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Yes, all Form 762As must be returned.Commissioner of Revenue
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Yes, so you will be taxed by the correct localities and the license fee assessed by the correct authority.Commissioner of Revenue
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If you live in a town, you will be billed for both town and county taxes. The town will bill for your vehicle license fee.Commissioner of Revenue
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Yes, Report the boat to the Commissioner of the Revenue office where it is docked. Then notify Game and Inland Fisheries (804-367-6135 to ensure the boat is registered in the correct locality.Commissioner of Revenue
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Yes. Contact the Commissioner’s office and provide the year, make, date acquired, and the vehicle identification. You also need to identify if this vehicle is for personal or business use.Commissioner of Revenue
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Yes. Contact the Commissioner’s office and provide the year, make, date acquired, and the vehicle identification number (VIN).Commissioner of Revenue
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Yes. If you wish to qualify, you must report high miles with the most recent dated proof (such as an inspection slip, oil change). Proof must include the vehicle description and mileage and must be filed annually by February 1 of the tax year. Photos of the odometer are not acceptable proof.Commissioner of Revenue
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Shenandoah County is a non-prorating locality. Taxation is based on what is owned January 1 of the tax year and will be taxed for the entire year.Commissioner of Revenue
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Commissioner of Revenue
The Return of Tangible Personal Property form (762) will no longer be mailed to individual taxpayers. If you have any changes in your personal property effective January 1 of the tax year, please notify the Commissioner’s office at 540-459-6170. All changes must be reported by February 1 of the tax year.
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Commissioner of Revenue
The County tax rates are set each year by the Shenandoah County Board Of Supervisors. The rate for 2025 is $4.11 per $100.
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Commissioner of Revenue
The penalty is assessed at the greater of either a rate of 10% of the tax assessable on such returns or $10; however, the penalty shall in no case exceed the amount of tax assessable.