​Sales Tax Savings.

​BVPA can provide financing lease structures for projects which could result in the exemption of sales taxes on construction materials. Typically, 50% of the cost of a building is labor which is not subject to sales taxes. The remaining cost is generally construction materials which are subject to sales taxes. Hancock County's total sales tax rate is 6.75%. ​BVPA also participates in projects involving capital leases.