The Barge and Rail Usage Tax Credit is available for international trade facilities that transport containers by barge or rail, rather than by trucks or other motor vehicles on Virginia’s highways. The amount of the credit is $25 per 20-foot equivalent unit (TEU), or 16 tons of non-containerized cargo, or one unit of roll-on/roll-off cargo moved by barge or rail.
The credit has a spending cap of $500,000 per fiscal year. Unused credits may be carried forward for five years. Application for credits must be made to, and the credits are issued by, the Commonwealth of Virginia Tax Commissioner.