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Virginia Law

Code of Virginia

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Chapter 35.
Tangible Personal Property, Machinery and Tools and Merchants' Capital
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  • Article 1.
    Tangible Personal Property Tax
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    • § 58.1-3500
    Defined and segregated for local taxation
    § 58.1-3501
    Tangible personal property leased to agency of federal, state or local government
    § 58.1-3502
    Tangible personal property leased, loaned, or otherwise made available to a private party from agency of federal, state or local government
    § 58.1-3503
    General classification of tangible personal property
    § 58.1-3504
    Classification of certain household goods and personal effects for taxation; governing body may exempt
    § 58.1-3505
    Classification of farm animals, certain grains, agricultural products, farm machinery, farm implements and equipment; governing body may exempt
    § 58.1-3506
    Other classifications of tangible personal property for taxation
  • Article 1.01.
    Alternative Tax Rates for Elderly Individuals and Individuals with Disabilities
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    • § 58.1-3506.1
    Other classification for taxation of certain tangible personal property owned by certain elderly individuals and individuals with disabilities
    § 58.1-3506.2
    Restrictions and conditions
    § 58.1-3506.3
    Permanently and totally disabled defined
    § 58.1-3506.4
    Local restrictions and conditions; model ordinance
    § 58.1-3506.5
    Application
    § 58.1-3506.6
    Notice of local tangible personal property tax relief program for elderly individuals and individuals with disabilities
    § 58.1-3506.7
    Effective date; change in circumstances
    § 58.1-3506.8
    Repealed
  • Article 2.
    Machinery and Tools Tax
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    • § 58.1-3507
    Certain machinery and tools segregated for local taxation only; notice prior to change in valuation, hearing
    § 58.1-3508
    Separate classification and exemption from state taxation of machinery, tools and supplies used in harvesting forest products
    § 58.1-3508.1
    Separate classification of machinery and tools used in semiconductor manufacturing
    § 58.1-3508.2
    Separate classification of machinery and tools used in other businesses
    § 58.1-3508.3
    Separate classification of machinery and tools used directly in precision investment castings
    § 58.1-3508.4
    Separate classification of machinery and tools used in manufacturing or processing materials, components, or equipment for national defense
    § 58.1-3508.5
    Separate classification of machinery and tools used directly in cleaning motor vehicles
    § 58.1-3508.6
    Separate classification of machinery and tools used directly in producing or generating renewable energy
  • Article 4.
    Situs for Taxation
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    • § 58.1-3511
    Situs for assessment; nonresident exception; refund of tax paid to city or county; apportioned assessment
    § 58.1-3512
    When vessels and containers used in interstate and foreign commerce not deemed to have acquired a situs for taxation
    § 58.1-3513
    When imports deemed to acquire situs
    § 58.1-3514
    When cargo in transit not deemed to have acquired a situs for taxation
  • Article 5.
    Tax Day/Filing of Returns
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    • § 58.1-3515
    Tax day January 1
    § 58.1-3516
    Proration of personal property tax
    § 58.1-3516.1
    Payment of taxes prorated under § 58.1-3516
    § 58.1-3516.2
    Payment of taxes on leased property by lessee; information to be furnished by lessor
    § 58.1-3517
    Department of Taxation to prescribe and furnish forms of returns; use of local forms
    § 58.1-3518
    Taxpayers to file returns
    § 58.1-3518.1
    Alternative method of filing returns for motor vehicles, trailers and boats
    § 58.1-3519
    Commissioner to assess property if taxpayer fails to file return
  • Article 6.
    Special Provisions for Mobile Homes
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    • § 58.1-3520
    Local permits required before moving a manufactured home to the place where it is to be used as a place of residence; payment of property taxes before moving manufactured homes
    § 58.1-3521
    Manufactured homes; proration of tax
    § 58.1-3522
    Assessment method for manufactured homes