The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
015
:
BUDGET AND TAXATION AND INDEBTEDNESS
(Cite as: 24 App. V.S.A. ch. 143, § 1503)
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§ 1503. Taxation
All matters pertaining to taxation shall be exclusively controlled by the general
law of the State, except as specifically provided as follows:
(1) All taxes assessed on real and on personal property shall be due and payable to the
Town Tax Collector in four equal installments on August 15, November 15, February
15, and May 15; provided, however, that if any due date is on a Saturday, Sunday,
or legal holiday, the due date shall be the next following day that is not a Saturday,
Sunday, or legal holiday. Each installment not paid by its due date shall bear interest
at the rate of one percent per month or fraction thereof for the first three months,
and thereafter at the rate of one and one-half percent per month or fraction thereof.
(2) On all taxes not paid by the last tax installment due date, the Collector of Delinquent
Taxes shall collect an additional amount equal to eight percent on the amount of the
tax owed. This amount shall be in lieu of any amount collected by the Collector of
Delinquent Taxes under 32 V.S.A. § 1674 and shall be paid into the Town General Fund. (Amended 2005, No. M-10 (Adj. Sess.), § 17, eff. May 1, 2006.)