Taxes

Virginia and Montgomery County have competitive, stable tax structures.

Virginia Taxes

Nationally recognized for its conservative fiscal practices, Virginia has one of the fairest and most stable tax structures of the 50 states. Both businesses and individuals carry their share of the tax load. The General Assembly has kept taxes on industry competitive and has eliminated many tax irritants. The state corporate income tax rate, one of the lowest in the nation, has not increased since 1972. Virginia also offers a very modest local tax bill for industry. Items taxed at the state level are not taxed at the local level, with the exception of sales and use tax; and Virginia taxes new and existing industries equally.

• Virginia State Taxes 

Local Taxes

In Virginia, towns are are political subdivision of counties and provide public services in lieu of, or in addition to, those provided by their respective county.  Businesses operating within an incorporated town may be subject to certain county and/or town taxes.

Falling Branch Corporate Park is located within the incorporated Town of Christiansburg.  To view a comprehensive listing of local taxes within this area of Montgomery County, click on the link below:

• Town of Christiansburg Taxes

Utilities and Services

Electric Power:

• Appalachian Power:  Onsite 138 Kv transmission line & electrical substation with a 20 MVA transformer expandable up to 100 MW.

Natural Gas:

• Atmos Energy:  4" line onsite (Utility work to meet individual needs).

Water:

• Town of Christiansburg:  12" line with onsite 1 Million gallon water tank.

Sewer:

• Town of Christiansburg:  12" line onsite.

Telecommunications:

• Verizon:  100% digital switching, redudant fiber optic cable onsite, & sonet ring.
• Citizens Telecommunications: Has fiber within reasonable distance to the park.
• Ntelos:  Has fiber within reasonable distance to the park.

Industrial Solid Waste & Recycling:

• Montgomery Solid Waste Authority (5 miles):  Accepts Industrial waste, pick-up available.

Transportation

Interstate Access:

• Interstate 81 (1/2 mile):  Direct access to Exit 118A, Parkway Drive
• Interstate 81/77 Interchange:  36 miles south
• Interstate 81/64 Interchange: 75 miles north 

Public Transportation:

• SmartWay commuter stop located within 1/2 a mile of the entrance to the park. 

Rail:

• Limited rail access within four miles of the park.
• Amtrak station in the works for Christiansburg to offer passenger rail service with daily travel to Washington D.C.

Airports:

• Roanoke Regional Airport (30 miles):  Offers daily commercial passenger air service to Atlanta, Charlotte, Chicago, Detroit, Philadelphia, New York, Orlando, Tampa, and Washington D.C.
• Virginia Tech-Montgomery Executive Airport (5 miles):  General aviation airport with a 5,200 ft. runway located on Virginia Tech's campus in Blacksburg, w/VFR.
• New River Valley Airport (30 miles): General aviation airport with a 6,200 ft. runway, w/ILS, served by on-site U.S. Customs Port of Entry and (FTZ).  International flights accepted.

Nearest Ports:

• Virginia Trade Port (30 miles):  The Port's Customs Officer is available to travel to Falling Branch Corporate Park.  Companies can ship from any foreign location directly to the park, and can inbound ship direct from any port eliminating time delays that often occur at major U.S. ports.