Do You Qualify?

Are you eligible for Virginia's New Port Tax Credits?



1.) Do you have an individual or corporate income tax liability in Virginia?
2.) Do you use maritime port facilities in Virginia?
You are not eligible for the Virginia Port Tax Credits in 2017, but they are available until 2022. If you would like assistance establishing a facility in the Commonwealth, please contact:

Russell Young
Virginia Port Authority
If you can answer "yes" to any of the questions below for calendar year 2017, you MAY be eligible to claim one of more of the Virginia Port Tax Credits for the 2017 tax year. You may claim more than one tax credit in the same taxable year, but not for the same activity.
  1. 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)
  2. 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
  3. 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
You are not eligible for the Virginia Port Tax Credits in 2017, but they are available until 2022. To learn more about Virginia's Port Facilities, please contact:

Cary Hagen
Virginia International Terminals