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Vermont State Tax Information |
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- Sales Tax and Use
- Sales Tax Rate: 6%, food, prescriptions and drugs exempt; clothing and shoes under $110 exempt; 9%, prepared foods and restaurant meals; 10%, alcoholic beverages served in establishments
- Food Sales Tax Rate: 2.5%
- Local Sales Tax Rate: 1%
- Alcohol, Beer, Wine Sales Tax for On-Premise Consumption: 10%
- Automotive: 6% + 1% local tax
- Rental and Property Tax Rates
- Automobile Rental: 7%
- Hotel and Motel Tax: 9%
- Real Estate Transfer Tax: 1.25% of value; lower rates on certain homes and farms
- Property Tax: calculated annually based on school district and state needs
- Fuel Tax Rates
- Diesel Tax: $0.25 per gallon + $.10 per gallon
- Gasoline Tax: $0.19 per gallon + $.10 per gallon
- Gasohol Tax: $0.19 per gallon + $.10 per gallon
- Liquor, Cigarette Tax Rates
- Beer Excise Tax: $ 0. 265 per gallon up to 6% alcohol; 6% to 8% alcohol, $0.55 per gallon
- Cigarette Tax: $1.19 per pack
- Liquor Excise Tax: 25%, all liquor sold through state stores
- Other Tobacco Tax: 41% of manufacturers price
- Wine Excise Tax: $0.55 per gallon; over 16% alcohol sold through state store, 10% tax per gallon
- Income Tax
- Corporate Income Tax: 3.6 to 9.8%
- Individual Income Tax: 3.6% (up to $28,400) to 9.8% (over $311,951)
- Miscellaneous Information
- Lottery Sales Tax: 26.8%
- Amusement: 5%
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Last Updated ( Monday, 19 June 2006 )
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VT 
