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 210. Retail Sales and Use Tax
11/5/2024

23VAC10-210-350. Commercial watermen; definitions; general provisions.

A. The following terms, when used in 23VAC10-210-350 through 23VAC10-210-353, shall have the following meanings, unless the context clearly indicates otherwise:

"Boat" means any vessel used for marine transportation other than a watercraft as defined in § 58.1-1401 of the Code of Virginia.

"Commercial fishing activity" means the business of extracting fish, bivalves, or crustaceans from waters for sale or resale.

"Commercial waterman" or "commercial watermen" means a person or persons who regularly engage in a commercial fishing activity.

"Directly used" means those items that are both indispensable to a commercial fishing activity and which are used immediately in the commercial fishing activity.

B. A commercial waterman's purchase of a boat, motor, machinery, tools, repair parts, fuel, or supplies, including, but not limited to, paint or other materials used to recondition a boat, for use in a commercial fishing activity is exempt from the tax.

Statutory Authority

§§ 58.1-203 and 58.1-609.2(4) of the Code of Virginia.

Historical Notes

Derived from VR630-10-24.1 §§ 1, 2; added January 1979; revised January 1985; amended, eff. July 1, 1994.

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.