How does the proration of personal property tax work?
Proration, which by law is limited to vehicles and trailers, is based on two essential elements:
  1. The property's value
  2. The number of months in a calendar year such property is located in Loudoun County or in one of Loudoun's incorporated towns
A vehicle has situs for taxation in the county if it is garaged, parked, or stored in the county, or if it is registered to a county address with the Virginia Department of Motor Vehicles. If the vehicle has situs for taxation in the county for a period of less than a full year, your tax liability would (under most circumstances) be reduced. The county determines the tax by first multiplying the vehicle's assessed value by the portion of the year the vehicle has situs in the county. Proration is done using full month increments, and a taxpayer is liable for a full month's tax if the vehicle has situs in the county for more than half the month. The county then multiplies this prorated amount by the tax rate to determine the tax.

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1. How does the proration of personal property tax work?
2. What personal property tax is prorated?
3. What personal property tax is not prorated?
4. If I moved taxable personal property out of Loudoun County or sell it during the tax year, am I eligible for a refund of personal property taxes already paid?
5. If I move taxable personal property into Loudoun County and I've already paid taxes on that property in another jurisdiction, do I need to pay taxes on that property in Loudoun County as well?