Virginia Tax Credit Program

The Virginia Tax Credit Program offers financial incentives to encourage specific activities or investments that benefit the state, such as job creation, renewable energy projects, or cultural initiatives. Participants can earn tax credits—a dollar-for-dollar reduction on state taxes—by qualifying through approved projects or contributions. These credits help reduce an entity’s overall tax liability, making certain activities more financially attractive. The program aims to promote economic development, environmental sustainability, and cultural enrichment by motivating private investment and community support within Virginia.