Therefore, passive income is never taxed in Virginia. The Virginia tax structure is such that state taxes can be deducted from the federal tax base. Corporations must file federal tax forms annually. Federal corporate tax rates are similar to those in Germany. Current U.S. corporate tax rates are shown on this page.
Any investment decision requires detailed analysis of the associated tax implications.
A simple review of federal and state corporate tax rates will not provide a complete description of the tax structure. It is necessary to contact the Virginia Department of Taxation and the United States Internal Revenue Service to determine specific filing requirements. For more details on taxes in Virginia available on this site, click here. U.S. Immigration Laws Current U.S. visa rules, labor and immigration laws, and bilateral trade and investment treaties offer many opportunities to transfer essential foreign personnel to U.S. operations. In choosing the right visa for your business, investment, or personnel needs, the advice of experienced immigration counsel is necessary to take full advantage of the many pro-business features of current U.S. laws and treaties.