Calculating BPPT Tax

  • The Loudoun County Board of Supervisors establishes business tangible personal property tax rates each year. 
  • The county determines the tax by multiplying the property's original cost by the appropriate assessment factor according to the assessment formula, and then multiplying the assessed value by the appropriate tax rate. 
  • The current tax rate is $4.20 per $100 of assessed value.

Example:

Purchase YearOriginal Cost
Assessment Factor
Assessed Value
2016$7,000X50%=$3,500
2015$4,500X40%=$1,800
2014$5,000X30%=$1,500
2013$2,350X20%=$470
2012 and prior$155,000X10%=$15,500
  • Total Assessment = $22,770
  • ($22,770 / 100) X $4.20 = $956.34
  • Annual Tax Amount = $956.34