Page 51«..1020..50515253..60..»

Archive for the ‘Sales Training’ Category

How to Increase Sales Leads / Sales Training Seminars VA, NC, SC

Posted: October 25, 2015 at 6:45 pm


without comments

Time is Money.

Target10toWin! is a weekly business development program that is specifically designed to teach businesses how to increase sales leads and close sales. Whether you are a CEO, sales manager, or sales representative, you live and die by the numbers on the spreadsheet and by the hours in the day.

This race against the clock is not for the weak hearted or thin skinned. Every year the race starts over, and the challenging question of What have you done for me lately? is asked by management.

Any person ultimately held responsible for sales realizes that it is their job to increase revenue to meet, or preferably exceed, quarterly targets. The great news is that sales people by nature are competitive. They want to perform. The challenge for most is that there is only so much time in the day.

Scheduling conflicts, deadlines, escalating sales targets, and lean staff have left many feeling frustrated, stressed and unsupported. As a result, sales goals are not met and staff turnover rises.

Target10toWin! is the answer for Business leaders who want results NOW!

Success in sales comes down to a basic formula. Effort Time Spent on Task = Return. Target10toWin! shows you how to optimize your efforts, decrease time spent on task, and ultimately how to maximize your return by increasing sales leads and closing sales.

Whether you are a sales person, business owner, sales manager or job seeker action is required to produce a positive outcome. Target10toWin! guides you to success through reasonable goal setting, the defining of achievable expectations, and identifying viable target markets.

View post:
How to Increase Sales Leads / Sales Training Seminars VA, NC, SC

Written by admin

October 25th, 2015 at 6:45 pm

Posted in Sales Training

Sales Training Program jobs in Alexandria, VA – Indeed.com

Posted: at 6:45 pm


without comments

Sortby: relevance - date Management and Sales Training Program The Management/Sales Training Program includes self-study modules, structured on-the-job training, classroom instruction at our regional training facilities, as... Sponsored by Sherwin-Williams Outside Sales Representative Kitchen Saver 5 reviews - Fairfax, VA $100,000 a year Sales Representatives that are excited about closing deals and comprehensive, consistent training are encouraged to apply.... Sponsored by Kitchen Saver Account Executive - B2C SenecaOne 3 reviews - Bethesda, MD $50,000 a year Employee recognition programs, personal development training, charitable giving opportunities. Working knowledge of MS Office Suite programs and desktop... Sponsored by SenecaOne Michael & Son Services, Inc - Alexandria, VA Michael & Son Services, Inc - Alexandria, VA Volkswagen Group of America, Inc. - Herndon, VA Corporate Account Executive - Outside Sales Meridian Imaging Solutions 5 reviews - Alexandria, VA Participate in trade shows, industry events, customer entertainment activates, sales meetings, training programs, and conferences as directed.... Sponsored by Meridian Imaging Solutions

Get new jobs for this search by email

You can cancel email alerts at any time.

Penske Truck Leasing Co. is a leading global transportation services provider that operates approximately 200,000 vehicles.

Continued here:
Sales Training Program jobs in Alexandria, VA - Indeed.com

Written by admin

October 25th, 2015 at 6:45 pm

Posted in Sales Training

Sales Training to Improve Sales Skills – RAIN Group

Posted: at 6:45 pm


without comments

Companies spend billions of dollars on sales training each year, yet close to 90% of these training programs fail to have any long-term impact. And, most programs fail for many of the same reasons.

At RAIN Group, we dont view sales training as an event, but as an ongoing process to improve sales skills, knowledge, and results. We deliver training that drives real behavior change and results. We take a blended approach that includes sales team evaluation, customization, robust reinforcement, and coaching so skills stick and transfer on-the-job.

We offer a complete suite of skill-building programs, covering topics such as sales conversations, negotiation, presentations, insight selling, and account development. Learn more about our sales training offerings and our approach to training success:

Our training programs cover the key areas in the Sales Competency WheelSM.

Click on the image to learn more about the core competencies of successful sellers and sales organizations.

Give us a call at 508-405-0438, send us an email, or fill out our contact form to learn how we can help you implement business development training that unleashes the sales potentail of your team.

View post:
Sales Training to Improve Sales Skills - RAIN Group

Written by admin

October 25th, 2015 at 6:45 pm

Posted in Sales Training

Strategic Sales Management – Executive Education – Darden

Posted: at 6:45 pm


without comments

At a Glance

Exceed your targets, foster long-term growth and increase your bottom line when you create customized sales goals in sync with long-term corporate strategy. In Strategic Sales Management, you'll learn how to maximize existing resources, identify and attract your most profitable customers, and track your progress against internal and competitor benchmarks to improve your process over time.

Expand your awareness of the many ways sales can accelerate your business when you analyze big-picture strategy for its practical components. You'll learn how to bridge the gap between corporate revenue targets and actionable initiatives for your sales team. You'll examine your ideal customers for missed opportunities and learn how to use analytics to provide a more satisfying customer experience. You'll share your sales pitches, pipelines and motivational tactics with experts in the field, who will provide individual feedback to sharpen them and help you define the most effective practices for your sales force.

You'll walk away from Strategic Sales Management with:

Bauer Professor of Marketing and Executive Director of the Sales Excellence Institute- University of Houston Ahearne is a world-renowned authority in the area of B2B sales force research. He heads the Sales Excellence Institute, which is a leading organization in sales education and research. His book, Selling Today: Partnering to Create Customer Value, is the highest grossing professional selling text in the world, with copies distributed in more than 40 countries. He worked for Eli Lilly and Co. in sales operations/market research and pitched for the Montreal Expos in a previous life.

Rackham has built a strong international reputation in the global business community as a speaker, writer and seminal thinker on sales force effectiveness. Three of his books have appeared on The New York Times best-seller list, and his works are translated into more than 50 languages. His classic book SPIN Selling is widely credited with starting the consultative selling movement. He has been chair and CEO of three international research and consulting firms, including Huthwaite, which he founded. He is visiting professor at three universities, and his present research looks at the integration of sales and marketing and at emerging issues in large complex sales.

Tayloe Murphy Professor of Business Administration An internationally recognized authority on B2B marketing, supply chain management and strategic alliances, Spekman has published extensively in these areas, including seven books and numerous articles and case studies. In addition to teaching for nearly 40 years, he has consulted for many businesses on marketing topics, with an express interest in "messy" problems that cross business functions.

John L. Colley Research Associate Professor of Business Administration An expert in B2B marketing and sales, Steenburgh came to Darden in 2012 from Harvard Business School, where he chaired the B2B Marketing Strategy executive education program. His cases are used in business schools worldwide, and his research addresses questions that help managers measure the effectiveness of their sales and marketing strategies. He previously worked in marketing and operations at the Xerox Corporation.

This program will take place in Washington, D.C.

Please note that accommodations are not included in the program tuition.

$4,900covers materials and some meals. Accommodations are the responsibility of each participant.

By taking this course, you will earn one week of credit toward a Certificate of Specialization.

See more here:
Strategic Sales Management - Executive Education - Darden

Written by admin

October 25th, 2015 at 6:45 pm

Posted in Sales Training

Sales Training Seminars | Sales Training Courses | Sales …

Posted: at 6:44 pm


without comments

Listed below are both our best-selling Sales seminars and Sales classes, as well as a full schedule of Sales classes to help with your Sales training and Sales compliance training needs.

To see more details or to make a reservation for a particular event, simply click the title and follow the appropriate directions therein; to see events for future months, click on the desired month.

The CRITICAL SELLINGSM seminar is a one-day program that teaches how to win the key moments with customers that ultimately determine the outcome of the sale. Whether you market to businesses, consumers, or a blend of both, this seminar is a fit for all sales environments.

Bud to Boss is a unique training event designed to equip new supervisors with the fundamental skills they need to skillfully shift from team member to leader.

Critical TeleSelling is a fundamental sales training program that provides sales professionals who sell over-the-phone with the skills and strategies they need to stimulate interest, develop profitable customer relationships, and dramatically improve their sales performance.

Why do 40% to 60% of all sales end in no decision?

We salespeople fail to do our job upfront, miss something along the way or ignore the perceived risks imbedded in every buying decision. All too often, we forget that the status quo is our real competitor.

Contact us to have your product, services, or events listed.

Continue reading here:
Sales Training Seminars | Sales Training Courses | Sales ...

Written by admin

October 25th, 2015 at 6:44 pm

Posted in Sales Training

Sales and Use Tax in Virginia training|NBI Inc.|virginia …

Posted: at 6:44 pm


without comments

Do you need help finding the right class, date, or location or other assistance?

Submit a support request and receive a prompt reply.

We are an authorized partner of NBI Inc.

Price protection. The price to attend Sales and Use Tax in Virginia is set by the training provider. There is no added charge for our services.

We honor most training provider coupons *. Call a representative to see if your discount coupon applies.

Privacy. Your personal information won't be shared with anyone but the training provider NBI Inc..

Security. When you register for this seminar on FindaSeminar.com your personal data and payment information is safely collected and processed using secure SSL encryption technology.

Flexibility. FindaSeminar.com offers you three ways to register for Sales and Use Tax in Virginia seminar by NBI Inc.. Register online, by phone, or fax.

Frequently asked questions and registration options for the training seminar Sales and Use Tax in Virginia

Seminar / Training class dates & locations

share this page

Training Course Syllabus:

Sales and Use Tax in Virginia - State Specific Sales and Use Tax Seminar

Know the Latest Compliance Requirements and Developments

Accounting for sales and use taxes can be one of the most complicated and frustrating tasks accountants and lawyers tackle. States are cracking down on these taxes and yet the laws and definitions are as ambiguous as ever. Interstate and e-commerce sales are the norm today, but do you know exactly which transactions require taxing and reporting to the Department of Revenue and IRS? Don't just hope your clients stay under the government's radar; proactively ensure you are complying with the myriad of regulations. This seminar will bring you up to date on best practices when accounting for sales and use tax. Learn how to decipher whether or not a business has nexus in a state and identify what products and sales are exempt from sales tax; legally report tax information and resolve tax disputes. Back taxes and penalties can be costly for any business - don't leave your clients liable. Register today!

Seminar Summary:

This seminar will bring you up to date on best practices when accounting for sales and use tax.(see full course description)

print this agenda

Read the original post:
Sales and Use Tax in Virginia training|NBI Inc.|virginia ...

Written by admin

October 25th, 2015 at 6:44 pm

Posted in Sales Training

About Us – Sandler Training

Posted: at 6:44 pm


without comments

Brad Fleetwood McDonaldCEO and Owner, Sandler Training (Norfolk, VA)

-The Captain

-Served 28 years in the U.S. Navy

-Worked as a financial advisor

-Opened the doors of the Hampton Roads location of Sandler Training in 2004

-Trains, coaches, and advises business owners, management teams, and sales professionals in improving their sales and management skills

-Often engaged in public speaking for many professional meetings and commemorative events throughout the region

-Prolific published article writer

-Passionate about academic achievement for inner-city children and actively serving as a volunteer at James Monroe Elementary School

Paul MacFarlane,BusinessManager

-Served just over 9 years in the Navy as an Air Traffic Controller

-Currently working full time on obtaining a Bachelors of Science in Business Administration

-Six Sigma Green Belt, Certified Project Manager and Business Analyst

-Analyzes internal processes and recommends/implements procedural or policy changes to improveoperations

-Prepare and review operational reports and schedules to ensure accuracy and efficiency

-Formulate and coordinate marketing activities and policies to promote products and services.

-Identify, develop, andevaluate marketing strategies, based on objectives.

-Gather and organize information to plan advertising campaigns.

-Plan and prepare advertising and promotional materiallayout design andpresentationapproach and specify material details, such as style and media.

-Create custom illustrations or other graphic elements, and edit video and audio on promotional material.

Read the rest here:
About Us - Sandler Training

Written by admin

October 25th, 2015 at 6:44 pm

Posted in Sales Training

Inside Sales Training | The Sales Insider

Posted: at 6:44 pm


without comments

InsideSales.com customers know how to sell. They make up the best sales teams in the world and operate like high-performance machines. But even high-performing machines can improve. From July 22 to July 24, InsideSales.com hosted 13 executives from seven companies for the first Executive Speed Camp. Those in attendance included: Apttus Blue Coat Coupa MarketStar [...]

The United States job market seems to be stuck in second gear, the Wall Street Journal recently reported. Recovery has been long and slow, leaving many Americans without work, or at least without decent paying work. While the numbers do seem to be getting better, the Wall Street Journal reports theyre not as promising as [...]

Trish Bertuzzi, president and chief strategist of The Bridge Group, recently presented at the Inside Sales Virtual Summit. During her session, Trish shared valuable insight into the onboarding process, a critical time in a salespersons career, but the least understood. Trish maintains that while sales and marketing leaders are making a first-class investment in their [...]

How many conversations do you have with prospects in a given day? And how many emails do you send to prospects in that same day? Is it safe to say you send more emails? Probably. Whats the point? Well here it is You spend most of your waking hours perfecting and tweaking your sales [...]

The Salesforce Users Group met in the new Adobe building in Lehi, Utah. During the meeting a lot of information was discussed and traded among Salesforce users. One of those things was the secret to turning a 30 second conversation into 3 minutes. Brandt Page, from Launch Leads, shared how to turn a blow off [...]

Technology is speeding ahead at a break neck speed and all too often we forget to look behind and see the ground weve covered. The dialer is one of those technological advances, and a subtle one thats been ignored. The infamous predictive dialer was one of the early dialers around (and sadly still in use) [...]

When companies look for a solution to improve their sales revenue, they often look to technology. However, it takes more than technology to drive exponential growth. InsideSales.com provides the best lead management and dialer technology available today. The technology provides increased efficiency, highvisibility, and exponentialoutput. Companies using any combination of the InsideSales.com technology are experiencing [...]

As an inside sales professional, the product you sell is catered towards a specific audience. One that wants a quick product at a low cost, a quality product that is fast, or a fast product with a low cost. Whichever you chose, its important as a company your executives define who the company, or the [...]

Within the last few years, there has been a shift in the way sales people are conducting sales. Not only is the majority of sales done remotely over the phone (the inside sales model), but the way lead research and data append is performed has become the new frontier of sales. To further educate the [...]

If youre in the lead generation or sales space, you know how important lead nurturing can be. Its how you build your business and create educated, more-likely to buy buyers. One of the biggest misconceptions out in the industry is that a lead nurturing technology alone is going to solve all your problems. Thats only [...]

Original post:
Inside Sales Training | The Sales Insider

Written by admin

October 25th, 2015 at 6:44 pm

Posted in Sales Training

Sales Training Courses to Shamelessly CRUSH Your Competition …

Posted: at 6:44 pm


without comments

"This Man Doesn't Lie, Kiss-Ass, or Suck-Up to Make More Sales"

Shameless Shamus Brown Creator of Persuasive Selling Skills

Thanks for dropping by my sales training website, Industrial EGO Sales.

You know, you don't have to lose your self-respect to be a successful sales person.

I should know.

I've worked for some great companies in my career - names like IBM and Dun and Bradstreet to name two.

Some of my sales jobs I excelled at and made big commissions.

Others I got fired from. Sometimes this was because I made a bad choice and couldn't get motivated to sell something that I didn't believe in.

Other times it was because I was unwilling to be a scumbag and tell bald-faced lies to get a deal.

One VP of Sales fired me as an "example" to others to be more "creative" in their selling (i.e. lie to the customer to make a deal). 5 months later though he was indicted by the SEC along with a few other C-Level execs on fraudulent stock price manipulation charges.

What I learned through all of this was that I was most motivated and most successful when I was just myself and sold things that I liked and had a real interest in.

Today, 13 years after I last worked for anyone else, I've showed thousands of sales people worldwide, with my Sales Training Course and my daily tips emails, how to quickly become either their prospects first choice to buy from or to cut bait and walk away early from deals they'll most certainly lose.

I am sure you're as tired as I am of worn-out sales clichs, crappy sales advice, and cheesy closing techniques. So spend some time here today and check out my sales training courses.

While you're here you'll find tons of useful sales tips, sales techniques, sales training courses, and uncommon sense to motivate you and change the way you sell for the better.

You don't need to be a suck-up, a kiss-ass or a liar to do well in sales.

And I believe you'll find that once you read up and start following my advice, you too will laugh to yourself and start calling me Shameless Shamus!

Sell with Pride,

P.S. Below are my two most popular sales training courses. Check 'em out.

Learn how to close more of your sales while keeping your self-respect with the audio sales training course on CDs, online, and iPod ready MP3s.

You can get greater rapport with a wider variety of people than ever before in just seconds when you learn the sales skills taught in the DVD video sales training course.

Read more:
Sales Training Courses to Shamelessly CRUSH Your Competition ...

Written by admin

October 25th, 2015 at 6:44 pm

Posted in Sales Training

Sales and Use Tax | Virginia Department of Taxation

Posted: at 6:44 pm


without comments

The Virginia Retail Sales and Use Act establishes a tax on the sale, lease or rental of tangible personal property or the use or consumption of tangible personal property in Virginia, as well as taxable services in Virginia.

A seller is subject to the sales tax imposed on gross receipts from retail sales. "Retail sales" means sales made for any purpose other than for resale. The tax may also apply to the furnishing of transient accommodations and the lease or rental of personal property. Code of Virginia 58.1-603.

The seller is responsible for collecting the tax from the customer on each taxable sale. The tax must be separately stated and added to the sales price or charge. The general sales tax rate for Virginia is 5.3 percent (4.3 percent state tax and 1 percent local tax). There is an additional 0.7 percent state tax imposed in the localities that make up Northern Virginia and Hampton Roads, making the rate in these areas 6 percent (5 percent state tax and 1 percent local tax).

In Bulletin 5-78, sales of eligible food items are subject to a reduced sales tax rate of 2.5 percent ( 1.5 percent state tax and 1 percent local tax).

Northern Virginia Region

The additional 0.7 percent regional rate in Northern Virginia applies to the Cities of Alexandria, Fairfax, Falls Church, Manassas and Manassas Park; and in the Counties of Arlington, Fairfax, Loudoun and Prince William.

Hampton Roads Region

The additional 0.7 percent regional rate in Hampton Roads applies to the Cities of Chesapeake, Franklin, Hampton, Newport News, Norfolk, Poquoson, Portsmouth, Suffolk, Virginia Beach and Williamsburg, and the Counties of Isle of Wight, James City, Southampton and York.

Top

In-state dealers - Generally, in-state dealers (individuals or businesses) are those making Virginia sales while having one or more physical locations in Virginia. Businesses subject to the Virginia Retail Sales Tax must submit a monthly return to the Department, Form ST-9, by the 20th of the month after the sales occurred. A return must be filed for each period, even if there are no sales to report. Based on your tax liability, the Department may change your filing frequency from monthly to quarterly. If your filing frequency is changed, you will be notified prior to the effective date.

Beginning with the July - September 2013 return, due October 21, 2013, quarterly filers must submit their returns and payments electronically. To meet this requirement, the returns must be filed using eForms, Business iFile or Web Upload. Monthly filers have been required to file and pay electronically since July 2012.

Top

Out-of-State dealers - Some dealers make Virginia sales but are physically located outside of Virginia. "Out-of-state dealers" refers to individuals or businesses that, in most cases, are physically located outside of Virginia but make qualified sales, leases or rentals into Virginia. If an out-of-state dealer has sufficient nexus with Virginia, (meaning a significant connection or link to Virginia according to Virginia law,) the dealer must register with Virginia to collect Virginia Use Tax on their Virginia sales. For further information on nexus criteria, refer to Code of Virginia 58.1-612.

Out-of-state businesses that do not have sufficient nexus with Virginia may still choose to register with Virginia to collect the tax as a courtesy to their Virginia customers. Whether required to register or not, any out-of-state dealer registered to collect Virginia Use Tax must remit the collected tax to Virginia on a monthly basis, unless a different filing frequency has been established by the Department.

Businesses subject to the Virginia Use Tax must file Form ST-8, Out-of-State Dealers Use Tax return, by the 20th of the following month. A return must be filed for each period, even if there are no sales to report. Based on your tax liability, the Department may change your filing frequency from monthly to quarterly. If your filing frequency is changed, you will be notified prior to the effective date.

Top

Businesses can register for Retail Sales and Use Taxes by completing the Form R-1 Business Registration Application, or by registering online. Once registration is complete, businesses receive Form ST-4, Certificate of Registration. The ST-4 must be prominently displayed at the registered location.

Top

Beginning with the July - September 2013 return, (due October 21, 2013), quarterly filers of the ST-9 must submit their returns and payments electronically. Monthly filers have been required to file and pay electronically since July 2012.

To meet this electronic filing requirement, you must file your return using eForms, Business iFile or Web Upload. Learn more about these three options (link takes you to a short video).

Out-of-state sellers should submit their monthly sales tax report on Form ST-8, Virginia Out-Of-State Dealer's Use Tax Return, by the 20th of the month after the sales occurred, whether or not the business has had taxable sales for the month. You will automatically be mailed forms preprinted with your account information unless you file electronically or use tax software to prepare your returns.

If you are unable to make the necessary changes to file and pay electronically you may request a temporary waiver. Submit your request in writing by completing the Sales Tax Electronic Filing Waiver Request form.

Top

Dealer Discount

A discount on the amount of sales tax due is allowed when eligible businesses file and pay the tax in a timely manner. Dealers can keep a portion of the tax they have collected; however, the discount is not allowed on the local portion of the tax. In addition to the Retail Sales and Use Tax, a dealer's discount is available for the following taxes:

Please refer to the corresponding instructions for additional information on computing the discount, as discount factors vary by tax type.

Top

If you fail to file or pay the full amount of sales tax due by the due date, a penalty of 6 percent per month is added to the tax owed. The maximum penalty is 30 percent; the minimum penalty is $10. The minimum penalty applies to late returns even if there is no tax owed.

Interest is added at the federal underpayment rate plus 2 percent and accrues on the tax until paid.

Top

A Direct Payment Permit allows certain companies to purchase goods without paying the sales or use tax at the time of purchase. These companies agree to pay the tax due directly to the Department, and allocate the local tax so that no county or city will lose any revenue. Direct Payment Permits are typically issued to manufacturers, contractors or mine operators who store tangible personal property within the Commonwealth for use both in and outside of Virginia.

Businesses who meet the qualifications set forth in Code of Virginia 58.1-624 may apply to the Tax Commissioner for a permit. If approved, the business would file form ST-6.

Top

In general, all sales, leases and rentals of tangible personal property, as well as accommodations and certain taxable services, are subject to Virginia Sales and Use Tax, unless an exemption or exception is established.

There are specific instances where a tax exemption may apply without the need of an exemption certificate. The most common exemptions and exceptions to the Retail Sales and Use Tax are:

Exemption Certificates

In many cases, in order to sell, lease or rent tangible personal property without charging Sales Tax, a seller must obtain a Certificate of Exemption from the buyer.

The sales-for-resale exemption prevents tax from being charged multiple times on the same item. The sales tax is intended to be applied to the final sale to the consumer at retail; therefore, this exemption prevents the tax being applied on goods as they are distributed before being sold at retail.

A dealer who makes a sale without charging applicable Sales Tax must retain a copy of the exemption certificate on file to substantiate the sale was indeed tax exempt under the law. To verify that a business providing a dealer with a sales exemption certificate is registered to collect Retail Sales and Use Tax in Virginia, please call the Department at (804) 367-8037.

Download Exemption Certificates

Learn more about exemptions for nonprofit organizations

Top

The use tax applies to the use, consumption or storage of tangible personal property in Virginia when the Virginia sales or use tax was not paid at the time of purchase. The use tax is computed on the cost price of the property, which is the total amount for which the property was purchased, including any services that are a part of the purchase, valued in money or otherwise, and includes any amount for which credit is given the purchaser or lessee by the seller.

Mail with Form ST-7 and Form ST-6B, if applicable, with your payment to the following address:

Virginia Department of Taxation P.O. Box 26627 Richmond, Virginia 23261-6627

This return is due by the 20th day of the following month after the close of the reporting period. Returns are not required to be filed for periods in which no use tax is due.

If you have questions concerning this tax or how to file the returns, please call (804) 367-8037.

Vending Machine Sales Tax

General Liability: A tax is imposed on dealers who place vending machines for the sale of tangible personal property. The tax is computed on the cost price (or manufactured cost) of tangible personal property sold through the vending machines. This tax does not apply to non-vending machine dealers such as service station operators who use vending machines at their businesses to sell merchandise. These dealers are subject to the retail sales tax provisions.

Registration: Every individual, partnership, corporation, etc., desiring to engage in the business of placing vending machines for selling tangible personal property must file a Business Registration Application, Form R-1, or register online. A separate application must be filed for each locality in which vending machines are placed. Code of Virginia 58.1-614(E)

Filing Procedure: Vending Machine tax return, Form VM-2, must be filed for each period showing the cost price or manufactured cost of tangible personal property sold through vending machines during the preceding period. The dealer must pay the amount of tax due at the time the return is filed.

Generally, dealers are required to file returns monthly and must submit the return by the 20th of the month following the end of the period. The Department determines annually which dealers should file and pay on a quarterly basis. Quarterly returns must be filed on or before the 20th of the month following the close of each quarterly period ending March 31, June 30, September 30 and December 31.

A return, voucher and schedule should be filed as soon as possible after the close of the reporting period but not later than the 20th day of the following month. A return must be filed for each reporting period even if no tax is due.

The VM-2 Package contains Form VM-2, Virginia Vending Machine Dealer's Sales Tax Return; Form VM-2V, Virginia Vending Machine Dealer's Sales Tax Voucher; Form VM-2A, Virginia Vending Machine Dealer's Sales Tax Worksheet; and VM-2B, Schedule of Local Taxes.

Tax Rates: The tax rate is 6.3 percent (5.3 percent state tax and 1 percent local tax) of wholesale purchases. In addition, there is an additional 0.7 percent state tax imposed in the localities that make up Northern Virginia and Hampton Roads, making the rate in these regions 7 percent (6 percent state tax and 1 percent local tax). Dealers may also request authorization from the Tax Commissioner to report tax based on gross sales.

The additional regional tax in Northern Virginia applies to the Cities of Alexandria, Fairfax, Falls Church, Manassas, and Manassas Park, and the Counties of Arlington, Fairfax, Loudoun, and Prince William. the additional regional tax in Hampton Roads applies to the Cities of Chesapeake, Franklin, Hampton, Newport News, Norfolk, Poquoson, Portsmouth, Suffolk, Virginia Beach and Williamsburg, and the Counties of Isle of Wight, James City, Southampton and York.

For additional information refer to Code of Virginia 58.1-614.

Top

Beginning January 1, 2011, a Prepaid Wireless E-911 fee of 50 cents is imposed on each retail purchase of prepaid wireless calling service. Dealers who sell prepaid wireless service must collect and remit the new fee, beginning with the month of January 2011.

Top

General Liability: The fee is levied for each new tire sold at retail in Virginia. The fee may be passed on to the retail customer if separately stated.

Fee Rate: Beginning July 1, 2011, the fee is 50 cents per tire, with certain exemptions (see below).

Registration: To register for the Tire Recycling Fee, retailers must file a Business Registration Application, Form R-1, with the Department of Taxation, or register online.

Filing Procedure: Every tire retailer must file the Tire Fee return, Form T-1, quarterly. The return is due and the fee payable on or before the 20th of the month following the end of each quarter of the calendar year. Quarterly periods end March 31, June 30, September 30 and December 31.

The fee imposed under 58.1-641 shall not apply to new tires for:

For additional information please refer to Code of Virginia 58.1-640-644

Top

General Liability: A fee is imposed on the in-room rental or purchase of digital media offered in guest rooms rented out for continuous occupancy for fewer than 90 days, such as hotels and motels.

Administering the Digital Media Fee

All charges for digital media are subject to the Digital Media Fee, with certain exemptions (see below). The fee is charged in addition to the cost of the rental of the room and is collected by the Provider, who then remits it to the Department.

A "Provider" is any person who offers the sale of digital media to guests in temporary lodgings located in Virginia. Digital Media providers must register with the Department.

Providers are required to collect the Digital Media Fee on taxable charges for digital media unless presented with a valid Retail Sales and Use Tax exemption certificate that exempts the customer from the Retail Sales and Use Tax on charges for the temporary lodging. In such cases, the Digital Media Fee shall not be collected.

As the Digital Media Fee is a fee on the purchase of a service, certificates of exemption from the Retail Sales and Use Tax on a purchase of tangible personal property will not relieve a customer from paying the Digital Media Fee.

Exemptions: The following are exempt from the Digital Media Fee, provided a valid exemption certificate is presented to exempt them of the Retail Sales and Use Tax on the lodging accommodation:

Registration: Dealers must file a Business Registration Application, Form R-1, or register online.

Filing Procedure: Each Provider is required to file a monthly Form DM-1, Digital Media Fee Return, and remit the Digital Media Fee due on or before the 20th day of the month following the month in which the fee is billed. The Digital Media Fee must be reported on Form DM-1; the Digital Media Fee cannot be reported on the Provider's Form ST-9, Retail Sales and Use Tax Return.

Tax Rate: The tax rate is 10 percent of the sales or rental price.

For additional information please refer to Virginia Tax Bulletin 09-5.

Top

The Public Facilities Act provides a mechanism that allows a portion of the state sales tax revenues attributable to sales in new, renovated, or expanded public facilities in certain localities to be returned to the locality in which the facility is located. The locality is only entitled to the sales tax revenue generated by transactions taking place in the facility.

All businesses or persons making sales at the facility must register with the Department and report their sales and use tax on Form ST-9, Retail Sales and Use Tax Return.

Top

Read this article:
Sales and Use Tax | Virginia Department of Taxation

Written by admin

October 25th, 2015 at 6:44 pm

Posted in Sales Training


Page 51«..1020..50515253..60..»



matomo tracker