Personal protective equipment now taxable in Virginia
VIRGINIA – If your company’s still providing workers with masks and other personal protective equipment (PPE) due to COVID-19, those purchases are now taxable.
Here’s why: The temporary sales and use tax exemption for qualified PPE purchases by businesses expired on March 24, 2022.
Since Virginia’s no longer under a state of emergency and all COVID-related legislation has expired or been repealed, the tax exemption is also invalid.
Any PPE purchases made on or before March 23, 2022, still qualify for the exemption, however.
- Share on
Free Training & Resources
White Papers
Provided by Anaplan
White Papers
Provided by Personify Health
White Papers
Provided by UJET
Further Reading
No matter where entrepreneurs decide to start a business, they face a variety of taxes and regulations that cut into the bottom line from t...
The worst of the COVID-19 shutdown measures and George Floyd riots peaked less than three years ago. But the effects continue to rattle sta...
States are always looking for ways to attract new businesses and prevent existing ones from pulling up stakes. Lowering corporate taxes is ...
Many businesses are hesitant to spend big bucks on capital improvements or new equipment due to inflation, high interest rates and economic...
The metropolitan areas where employers and employees want to settle are in flux this decade. COVID-19 accelerated the flexible on-site ...
Wealthy investors are about to lose a tax loophole that IRS allowed for years. The tax cops say its new policy and enforcement will net bil...
