{"id":194,"date":"2012-06-29T21:31:26","date_gmt":"2012-06-29T21:31:26","guid":{"rendered":"http:\/\/www.websitefix.net\/clients\/Generic\/?page_id=194"},"modified":"2023-07-27T18:45:18","modified_gmt":"2023-07-27T18:45:18","slug":"state-tax-system","status":"publish","type":"page","link":"https:\/\/www.sunraydirect.com\/Vermont3\/?page_id=194","title":{"rendered":"State Tax System"},"content":{"rendered":"<p><strong><b>TAX &amp; LICENSE \/ STATE TAX SYSTEM<br \/>\n<\/b><\/strong><br \/>\n<strong><b>Vermont Department of Revenue<br \/>\n<\/b><\/strong>133 State Street<br \/>\nMontpelier 802-828-2505<br \/>\n<a href=\"https:\/\/tax.vermont.gov\/\">https:\/\/tax.vermont.gov<\/a><br \/>\n<strong><b><br \/>\n<\/b><\/strong><strong><b>Personal Income Tax<br \/>\n<\/b><\/strong>Vermont&#8217;s income tax rates are assessed over five tax brackets.<\/p>\n<p>For single taxpayers:<br \/>\n3.6 percent on the first $32,550 of taxable income<br \/>\n7.2 percent on taxable income between $32,551 and $78,850<br \/>\n8.5 percent on taxable income between $78,851 and $164,550<br \/>\n9 percent on taxable income between $164,551 and $357,700<br \/>\n9.5 percent on taxable income of $357,701 and above.<\/p>\n<p>For married persons filing joint returns:<br \/>\n3.6 percent on the first $54,400 of taxable income<br \/>\n7.2 percent on taxable income between $54,401 and $131,450<br \/>\n8.5 percent on taxable income between $131,451 and $200,300<br \/>\n9 percent on taxable income between $200,301 and $357,700<br \/>\n9.5 percent on taxable income of $357,701 and above.<strong><b><\/p>\n<p><\/b><\/strong><strong><b>Sales Tax<br \/>\n<\/b><\/strong>Vermont&#8217;s general sales tax rate is 6 percent. The tax is imposed on sales of tangible personal property, amusement charges, fabrication charges, some public utility charges and some service contracts.<strong><b><br \/>\n<\/b><\/strong><strong><b><br \/>\n<\/b><\/strong><strong><b>Property Taxes<br \/>\n<\/b><\/strong>Property is assessed at the municipal local level in Vermont. Real property is listed to the April 1 owner of record. Local assessing officials, called listers in Vermont, are charged with determining the appraisal value of property. For questions on property tax contact:<strong><b><br \/>\n<\/b><\/strong><br \/>\n<strong><b>Property Tax Assistance<br \/>\n<\/b><\/strong>802-828-2865<\/p>\n<p><strong><b>Property Valuation and Review<br \/>\n<\/b><\/strong>802-828-2505<br \/>\n<a href=\"https:\/\/tax.vermont.gov\/\">https:\/\/tax.vermont.gov<\/a><\/p>\n<p><strong><b>Inheritance and Estate Taxes<br \/>\n<\/b><\/strong>Vermont does not collect inheritance taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TAX &amp; LICENSE \/ STATE TAX SYSTEM Vermont Department of Revenue 133 State Street Montpelier 802-828-2505 https:\/\/tax.vermont.gov Personal Income Tax Vermont&#8217;s income tax rates are assessed over five tax brackets. For single taxpayers: 3.6 percent on the first $32,550 of taxable income 7.2 percent on taxable income between $32,551 and $78,850 8.5 percent on taxable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.sunraydirect.com\/Vermont3\/index.php?rest_route=\/wp\/v2\/pages\/194"}],"collection":[{"href":"https:\/\/www.sunraydirect.com\/Vermont3\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sunraydirect.com\/Vermont3\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sunraydirect.com\/Vermont3\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sunraydirect.com\/Vermont3\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=194"}],"version-history":[{"count":8,"href":"https:\/\/www.sunraydirect.com\/Vermont3\/index.php?rest_route=\/wp\/v2\/pages\/194\/revisions"}],"predecessor-version":[{"id":674,"href":"https:\/\/www.sunraydirect.com\/Vermont3\/index.php?rest_route=\/wp\/v2\/pages\/194\/revisions\/674"}],"wp:attachment":[{"href":"https:\/\/www.sunraydirect.com\/Vermont3\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}