Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-1214
Auditing of returns
Official textlaw.lis.virginia.gov
The Department of Taxation may audit returns as the Commissioner deems necessary for the proper enforcement of the tax levied by this chapter. The Department shall correct all errors discovered by such audit and notify the bank concerned in each case. In case of an adjustment, it shall also notify every political subdivision imposing a tax against the bank for which the bank claimed a credit against the state tax under § 58.1-1213.
Source: view the official text
Nearby sections (25 sections)
- 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…
- 58.1-1400 · Title
- 58.1-1401 · Definitions
- 58.1-1401.1 · When motor deemed a watercraft
- 58.1-1402 · Tax levied
- 58.1-1403 · Basis of tax; estimate of tax; penalty for misrepresentation
- 58.1-1404 · Exemptions
- 58.1-1405 · Time for payment of tax
- 58.1-1406 · Dealers' certificates of registration
- 58.1-1407 · Retention of documents