Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-1203
Real and leased tangible personal property of banks to be assessed as other real and personal property
Official textlaw.lis.virginia.gov
# A.
The real estate of all banks shall be assessed on the land books with the same taxes with which other real estate is assessed.
# B.
The tangible personal property of all banks which is leased for a consideration to customers or other lessees shall be assessed on the personal property books with the same taxes with which other tangible personal property held for lease is assessed.
Source: view the official text
Nearby sections (25 sections)
- 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
- 58.1-1201 · Definitions
- 58.1-1202 · Bank capital assessable
- 58.1-1203 · Real and leased tangible personal property of banks to be…
- 58.1-1204 · Rate of tax
- 58.1-1204.1 · Proration for new banks
- 58.1-1205 · Computation of net capital
- 58.1-1208 · City tax
- 58.1-1209 · Town tax
- 58.1-1210 · County tax
- 58.1-1211 · Branch banks
- 58.1-1213 · Credit against state tax for amounts paid cities, towns and…
- 58.1-1214 · Auditing of returns
- 58.1-1215 · Banks in liquidation
- 58.1-1216 · Penalty upon bank for failure to comply with chapter
- 58.1-1217 · State banks and national banks treated the same in matter…