Virginia Law

Code of Virginia

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Code of Virginia
Title 58.1. Taxation
10/4/2023

Title 58.1. Taxation (2023 Updates)

  • General Provisions of Title 58.1
    • Article 1. In General
      • § 58.1-9
      Filing of tax returns or payment of taxes by mail or otherwise; penalty
  • Subtitle I. Taxes Administered by the Department of Taxation
  • Chapter 2. Department of Taxation
  • Chapter 3. Income Tax
    • Article 1. General Provisions
      • § 58.1-301
      (Applicable to taxable years beginning on or after January 1, 2022, but before January 1, 2023) Conformity to Internal Revenue Code
      § 58.1-301
      (Applicable to taxable years beginning on and after January 1, 2023) Conformity to Internal Revenue Code
    • Article 10. Taxation of Corporations
      • § 58.1-400.3
      Minimum tax on certain electric suppliers
      § 58.1-402
      Virginia taxable income
      § 58.1-416
      (Contingent expiration date — See Editor's note) When certain other sales deemed in the Commonwealth
      § 58.1-416
      (Contingent effective date — See Editor's note) When certain other sales deemed in the Commonwealth
      § 58.1-422.1
      Retail companies; apportionment
      § 58.1-422.5
      (Contingent effective date — See Editor's note) Internet root infrastructure providers
    • Article 13.2. Neighborhood Assistance Act Tax Credit
      • § 58.1-439.22
      Donations of professional services
    • Article 13.4. Virginia Housing Opportunity Tax Credit Act
      • § 58.1-439.30
      Virginia housing opportunity tax credit
    • Article 14. Accounting, Returns, Procedures for Corporations
      • § 58.1-442
      Separate, combined, or consolidated returns of affiliated corporations
    • Article 20.1. Virginia Land Conservation Incentives Act of 1999
      • § 58.1-512
      Land preservation tax credits for individuals and corporations
  • Chapter 12. Bank Franchise Tax
    • § 58.1-1206
      (Effective until July 1, 2025) Deductions from gross capital
      § 58.1-1206
      (Effective July 1, 2025) Deductions from gross capital
      § 58.1-1207
      (Effective until July 1, 2025) Filing of return and payment of tax
      § 58.1-1207
      (Effective July 1, 2025) Filing of return and payment of tax
      § 58.1-1212
      (Effective until July 1, 2025) Record of deposits through branches required
      § 58.1-1212
      (Effective July 1, 2025) Record of deposits through branches required
  • Chapter 17. Miscellaneous Taxes
  • Chapter 18. Enforcement, Collection, Refund, Remedies and Review of State Taxes
    • Article 1. Collection of State Taxes
      • § 58.1-1802.1
      Period of limitations on collection; accrual of interest and penalty
      § 58.1-1817
      Installment agreements for the payment of taxes
  • Chapter 19. Worker Misclassification
  • Subtitle II. Taxes Administered by Other Agencies
  • Subtitle III. Local Taxes
  • Chapter 31. Local Officers
    • Article 1. Commissioners of the Revenue
      • § 58.1-3108
      Commissioner to render taxpayer assistance and may go to convenient places to receive returns; advertisement by commissioner
  • Chapter 32. Real Property Tax
    • Article 2. Exemptions for Elderly Individuals and Individuals with Disabilities
      • § 58.1-3210
      Exemption or deferral of taxes on property of certain elderly individuals and individuals with disabilities
      § 58.1-3213.1
      Notice of local real estate tax exemption or deferral program for elderly individuals and individuals with disabilities
    • Article 2.3. Exemption for Disabled Veterans
      • § 58.1-3219.6
      Application for exemption
    • Article 4. Special Assessment for Land Preservation
      • § 58.1-3230
      Special classifications of real estate established and defined
      § 58.1-3234
      Application by property owners for assessment, etc., under ordinance; continuation of assessment, etc.
    • Article 4.1. Tax Increment Financing
      • § 58.1-3245.2
      Tax increment financing
    • Article 4.2. Local Enterprise Zone Development Taxation Program
      • § 58.1-3245.8
      Adoption of local enterprise zone development taxation program
    • Article 5. Reassessment/Assessment Cycles
      • § 58.1-3256
      Reassessment in towns; appeals of assessments
    • Article 8. Reassessment Record/Land Book, Communication of Documents to Commissioner of Revenue
      • § 58.1-3303
      Clerks to forward copies of certain receipts and make certain reports regarding deeds and property transfers to local commissioners and Department
    • Article 9. Levy
      • § 58.1-3321
      Effect on rate when assessment results in tax increase; public hearings; referendum
    • Article 10. Public Disclosure/Access to Records
      • § 58.1-3330
      Notice of change in assessment
    • Article 14. Boards of Equalization
      • § 58.1-3378
      Sittings; notices thereof
  • Chapter 35. Tangible Personal Property, Machinery and Tools and Merchants' Capital
    • Article 1. Tangible Personal Property Tax
      • § 58.1-3503
      General classification of tangible personal property
      § 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
      • § 58.1-3506.1
      Other classification for taxation of certain tangible personal property owned by certain elderly individuals and individuals with disabilities
      § 58.1-3506.6
      Notice of local tangible personal property tax relief program for elderly individuals and individuals with disabilities
  • Chapter 36. Tax Exempt Property
    • Article 4.1. Property Exempted by Local Classification or Designation on or After January 1, 2003
      • § 58.1-3651
      Property exempt from taxation by classification or designation by ordinance adopted by local governing body on or after January 1, 2003
  • Chapter 37. License Taxes
    • § 58.1-3703.1
      Uniform ordinance provisions
      § 58.1-3713
      Local gas road improvement and Virginia Coalfield Economic Development Authority tax
  • Chapter 38. Miscellaneous Taxes
    • Article 6. Transient Occupancy Tax
      • § 58.1-3826
      Scope of transient occupancy tax
      § 58.1-3827
      Administration of transient occupancy tax
    • Article 7.1. Food and Beverage Tax
      • § 58.1-3833
      County food and beverage tax
    • Article 8. Other Permissible Taxes
      • § 58.1-3840
      Certain excise taxes permitted
  • Chapter 39. Enforcement, Collection, Refunds, Remedies and Review of Local Taxes
    • Article 2. Collection by Treasurers, Etc
      • § 58.1-3916
      Counties, cities, and towns may provide dates for filing returns and set penalties, interest, etc.
    • Article 4. Bill in Equity for Sale of Delinquent Tax Lands
      • § 58.1-3965
      When land may be sold for delinquent taxes; notice of sale; owner's right of redemption
      § 58.1-3975
      Nonjudicial sale of tax delinquent real properties of minimal size and value
  • Subtitle IV. Other Sources of State Revenue
  • Chapter 40. Virginia Lottery Law; Sports Betting
    • Article 1. Powers and Duties of Virginia Lottery Board; Administration of Tickets and Prizes
      • § 58.1-4006
      Powers of the Director
      § 58.1-4024
      Employees of the Department
  • Chapter 41. Casino Gaming
    • Article 3. Licenses
      • § 58.1-4108
      Operator's license required; capital investment; equity interest; transferability; fee
    • Article 4. Supplier's Permits
      • § 58.1-4114
      Supplier's permits; penalty
    • Article 6. Service Permits
      • § 58.1-4119
      Application for service permit