Tax Type
BPOL Tax
Local Taxes
Description
Fairfax County;Research and Development Firms;Subject to Gross Receipts Tax
Topic
Local Power to Tax
Date Issued
03-09-1970
Research and development firms are subject to the Fairfax County Business, Professional and Occupational License Tax. Virginia Code §58-266.1 provides an exemption for manufacturers of goods, wares, and merchandise sold at wholesale at the place of manufacture. Since the product of a research and development firm is intangible, it is neither goods, nor wares, nor merchandise, and, therefore, does not qualify for the exemption.
Attorney General's Opinion