What was the Sales and Use Tax rate for motor vehicles from 07/01/2014 through 06/30/2015?

The Sales and Use Tax rate for motor vehicles during the period from July 1, 2014, through June 30, 2015, was indeed 4.05%. This rate reflects the specific tax policy established in Virginia for the sale of motor vehicles during that timeframe.

In Virginia, the sales tax applies to various goods and services, including motor vehicles, and this particular rate was part of an adjustment meant to address state funding and budgetary needs. Understanding these tax rates is essential for dealer operators to ensure compliance with the state's regulations and to accurately advise customers about the costs associated with purchasing a vehicle. Maintaining accurate knowledge of such tax details is crucial in the automotive sales industry, particularly in ensuring that transactions are executed without unexpected tax liabilities.