LIS

Virginia Law

Administrative Code

Creating a Report: Check the sections you'd like to appear in the report, then use the "Create Report" button at the bottom of the page to generate your report. Once the report is generated you'll then have the option to download it as a pdf, print or email the report.

Virginia Administrative Code
Title 23. Taxation
Agency 10. Department of Taxation
Chapter 120. Corporation Income Tax
11/5/2024

23VAC10-120-380. Execution of returns.

A. The return of a corporation with respect to its income shall be signed by one of the following officers: president, vice-president, treasurer, assistant treasurer, chief accounting officer or any other officer duly authorized to act. In the case of a return made for a corporation by a fiduciary such as a receiver, trustee or assignee, such fiduciary shall sign the return. The fact that an individual's name is signed on the return shall be prima facie evidence that such individual is authorized to sign the return on behalf of the corporation.

B. The return of an affiliated group of corporations shall be signed by an officer of the lead corporation. The name and address of the lead corporation shall be shown on the return. All correspondence from the department to the affiliated group may be mailed to the lead corporation. The lead corporation will usually be a parent corporation, if the parent is subject to tax in Virginia, but may be any member subject to the tax in Virginia.

The return shall contain the following information for each member of the affiliated group included in the return:

1. Name, address and taxpayer I.D. No. of each consenting corporation,

2. Name, title and telephone number of an officer authorized to sign a return for the member,

3. Name and address of the person with custody of the books of the member.

Statutory Authority

§§ 58.1-203 and 58.1-447 of the Code of Virginia.

Historical Notes

Derived from VR630-3-447 §§ 1, 2, eff. January 1, 1985; amended, eff. June 30, 1993.

Website addresses provided in the Virginia Administrative Code to documents incorporated by reference are for the reader's convenience only, may not necessarily be active or current, and should not be relied upon. To ensure the information incorporated by reference is accurate, the reader is encouraged to use the source document described in the regulation.

As a service to the public, the Virginia Administrative Code is provided online by the Virginia General Assembly. We are unable to answer legal questions or respond to requests for legal advice, including application of law to specific fact. To understand and protect your legal rights, you should consult an attorney.