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23 VAC Title 23 Agency 10 — Virginia Tax Regulations

23VAC10-500-140

NAICS Codes

Official textlaw.lis.virginia.gov

The federal government publishes a manual of North American Industry Classification System (NAICS) codes. A locality may use the NAICS codes in the course of classifying a business for BPOL tax purposes; however, the NAICS code of a business does not control, or even create a presumption, as to the correct classification for BPOL purposes for the following reasons:

# 1.

The NAICS codes group manufacturers and processors together, while processors are generally excluded when using the term manufacturer for BPOL tax purposes.

# 2.

Only one NAICS code is assigned to an enterprise or establishment, while a separate BPOL license may be required for each identifiable business.

# 3.

A classification, exemption, or deduction under state law or local ordinance may require consideration of factors not relevant to NAICS code selection.

Last amended: Historical Notes Derived from Virginia Register Volume 24, Issue 23, eff. October 6, 2008.

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Nearby sections (25 sections)
  1. 10-500-20 · Authority to impose license tax
  2. 10-500-30 · Activities subject to license taxation
  3. 10-500-40 · Exemptions from the BPOL tax
  4. 10-500-50 · Exemption for affiliated groups
  5. 10-500-60 · Gross receipts
  6. 10-500-70 · Exclusions from gross receipts
  7. 10-500-80 · Deductions from gross receipts
  8. 10-500-90 · Other exclusions and deductions from gross receipts
  9. 10-500-100 · Rates and fees
  10. 10-500-110 · Multiple businesses
  11. 10-500-120 · Multiple locations
  12. 10-500-130 · Employees and independent contractors
  13. 10-500-140 · NAICS Codes
  14. 10-500-150 · Situs of gross receipts
  15. 10-500-160 · Situs of gross receipts for a contractor
  16. 10-500-170 · Situs of gross receipts for a retailer
  17. 10-500-180 · Situs of purchases for wholesaler subject to tax based on…
  18. 10-500-190 · Situs of a business renting tangible personal property
  19. 10-500-200 · Situs of a business performing services
  20. 10-500-210 · Apportionment; in general
  21. 10-500-220 · Apportionment; agreement to apportion among localities
  22. 10-500-230 · Contractors; maximum rate
  23. 10-500-240 · Contractors; classification
  24. 10-500-250 · Contractors; list of occupations
  25. 10-500-260 · Installation by merchant
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