Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-1107
Date as of which intangible personal property must be returned
Official textlaw.lis.virginia.gov
Intangible personal property shall be returned for taxation as of January 1 of every year. The status of all persons, firms, corporations and other taxpayers liable to taxation on intangible personal property shall be fixed and the value of all intangible personal property returned for taxation shall be taken as of such date in each year.
Notwithstanding the other provisions of this section, a taxpayer may at his option make return of the average amount of intangible personal property employed in business on such date and August 1 next preceding.
Source: view the official text
Nearby sections (25 sections)
- 58.1-1033 · Prohibited acts
- 58.1-1034 · Records to be kept; filing with Department
- 58.1-1035 · Revocation or suspension of permit by Department; civil…
- 58.1-1036 · Other penalties for violation; civil actions
- 58.1-1037 · Seizure
- 58.1-1100 · Intangible personal property; segregated for state taxation
- 58.1-1101 · Classification
- 58.1-1102 · Intangible personal property of certain poultry and…
- 58.1-1103 · Exempt professions and businesses; how property used…
- 58.1-1104 · To what extent dairies taxable on intangible personal…
- 58.1-1105 · Suppliers of pulpwood, veneer logs, mine props and railroad…
- 58.1-1106 · Situs; nonresidents, branches outside of Commonwealth
- 58.1-1107 · Date as of which intangible personal property must be…
- 58.1-1108 · Time for filing returns; payment of tax
- 58.1-1109 · Extension of time for filing returns
- 58.1-1110 · Where to file return; duty of the commissioner of revenue;…
- 58.1-1111 · Application to fiduciaries generally
- 58.1-1112 · Forwarding to and audit of returns by Department
- 58.1-1113 · Penalty for failure to file returns of intangible personal…
- 58.1-1114 · Assessment and payment of deficiency; penalties;…
- 58.1-1115 · Refund of overpayment
- 58.1-1116 · Failure to pay tax when due; civil penalties
- 58.1-1117 · How intangible personal property tax collectible
- 58.1-1118 · Intangible personal property assessment sheets or forms
- 58.1-1200 · Title