WOODBRIDGE, Va. — Officials in Prince William County this month essentially lowered taxes on businesses by raising their collection threshold.
The county’s Business or Professional Licensing tax (BPOL) was lowered after the Prince William Board of Supervisors voted unanimously to increase the BPOL collection threshold to $250,000. This move ensures, starting in March 2013, that BPOL will be collected only when a business achieves that figure in gross sales.