Va. Code Ann. § 6.2-200.2 – Taxes and fees calculated before rounding | Midpage
§ 6.2-200.2
Va. Code Ann. § 6.2-200.2
Taxes and fees calculated before rounding
Effective Jul 1, 20262026, c. 713.
A. Any person selling goods or services, or any public or private entity entering into any transaction that results in a payment or transfer of cash between the parties to the transaction, shall calculate and remit all taxes and fees, and other charges imposed by state taxing authorities or by the seller, based on the sales price or stated service fee prior to any cash transaction rounding.
B. Any person selling goods or services shall not be in violation of any state or municipal requirements, laws, regulations, or standards based on any action taken in compliance with this section.