Form CU-7 Virginia Consumer's Use Tax Return for Individuals - Virginia

What Is Form CU-7?

This is a legal form that was released by the Virginia Department of Taxation - a government authority operating within Virginia. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form CU-7?
A: Form CU-7 is the Virginia Consumer's Use Tax Return for Individuals.

Q: Who should use Form CU-7?
A: Individuals in Virginia who owe consumer's use tax.

Q: What is consumer's use tax?
A: Consumer's use tax is a tax on goods purchased for use, storage or consumption in Virginia without paying sales tax.

Q: When is Form CU-7 due?
A: Form CU-7 is due on or before the 20th day of the month following the month in which the purchase was made.

Q: Are there any penalties for late filing or non-filing of Form CU-7?
A: Yes, there may be penalties for late filing or non-filing of Form CU-7. It is important to file the return and pay any tax owed on time to avoid penalties.

Q: How do I calculate the amount of consumer's use tax owed?
A: The amount of consumer's use tax owed is generally based on the purchase price of the goods. You can refer to the instructions on Form CU-7 for more information on how to calculate the tax.