24VAC20-100-520. Obligation of a Former Rentor.
Any rentor who sells or terminates a rental business is required to do the following:
1. File final rental tax returns and pay any taxes and fees due within 30 days of selling or terminating the business;
2. Surrender his certificate of registration to the commissioner with his final return; and
3. File, with his final returns, a letter to the commissioner explaining the conditions of the sale or termination of the business and the names and addresses of any successors to the business.
Statutory Authority
§ 58.1-2421 of the Code of Virginia.
Historical Notes
Derived from VR485-60-8701 § 9, eff. January 1, 1987; amended, Volume 13, Issue 22, eff. July 1, 1997; Volume 20, Issue 21, eff. July 1, 2004.
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