Are you eligible for Virginia's New Port Tax Credits?
1.) Do you have an individual or corporate income tax liability in Virginia?
Virginia Port Authority
- Did you take trucks off Virginia's highways by moving more cargo by rail or barge than in 2016? If so, learn more about the Barge and Rail Usage Tax Credit (Links to the Code of Virginia section and the Draft Guidelines on the Commonwealth website)
- Did you move 5% more cargo through a public or private port facility in Virginia than in 2016 and either make a capital investment in a facility or increase jobs as a result of the increased trade activity? If so, learn more about the International Trade Facility Tax Credit
- Did you move 5% more cargo through a public or private port facility in Virginia than in 2016 and engage in the manufacturing of goods or the distribution of manufactured goods, are an agricultural entity or a mineral or gas entity? If so, learn more about the Port Volume Increase Tax Credit
Virginia International Terminals