Tax State Loudon County Corporate Excise 6.5% none Franchise $0.25 per $100 none Sales and Use 7.0% 2.0% Personal Income none on earned income; 6% of interest on stock or dividends none Initial Corporate Organization Fee $100-600 none Utility Gross Receipts 3% none Local Business Tax none none Unemployment Insurance 2.7% new employers none Motor Vehicle Tax varies according to weight and size varies according to weight and size