Virginia data centers avoided $2.7B in Virginia sales and use taxes from FY 2015 to FY 2024 Exemption accounts for 53% of state economic incentive spending In FY 2024, the tax exemption for data ...
Since 2010, data centers in Virginia have not had to pay the state’s sales and use tax. At a rate of 4.3%, that foregone revenue adds up: Over the past decade, data centers have been exempt from ...
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