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
2020$7,000X50%=$3,500
2019$4,500X40%=$1,800
2018$5,000X30%=$1,500
2017$2,350X20%=$470
2016 and prior$155,000X10%=$15,500
  • Total Assessment = $22,770
  • ($22,770 / 100) X $4.20 = $956.34
  • Annual Tax Amount = $956.34