Dealers whose taxable sales totaled $10 million or more for the 12-month period ending June 30, 2019 were required to make an accelerated retail sales and use tax payment in June 2020. In April, we mailed notifications to each dealer that met the $10 million threshold. Before June 1, we sent another notification to dealers at all of their business locations with the specific amount of the tax owed.
Accelerated sales tax payment deadlines
- Electronic payments were due June 30
- Checks must have been postmarked on or before June 25, 2020
For more information, see Guidelines for the Accelerated Sales Tax Payment on the Virginia Regulatory Town Hall.