Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-1712
Levy; rate of tax
Official textlaw.lis.virginia.gov
A tax is hereby imposed on the probate of every will or grant of administration not exempt by law. The tax shall be based on the value of the estate as determined in § 58.1-1713. For every $100 of value, or fraction of $100, a tax of 10 cent(s) is imposed. However, the tax imposed by this section shall not apply to decedents' estates of $15,000 or less in value.
Source: view the official text
Nearby sections (25 sections)
- 58.1-1700 · Title
- 58.1-1701 · Definition
- 58.1-1702 · Tax levied
- 58.1-1703 · Collection
- 58.1-1704 · Tax segregated for state taxation
- 58.1-1705 · Disposition of proceeds
- 58.1-1706 · Title
- 58.1-1707 · Tax levied
- 58.1-1708 · Products
- 58.1-1709 · Penalty
- 58.1-1710 · Disposition of proceeds
- 58.1-1711 · Title
- 58.1-1712 · Levy; rate of tax
- 58.1-1713 · Value of the estate; time of valuation
- 58.1-1714 · Filing of return
- 58.1-1715 · Payment of tax prerequisite to qualification
- 58.1-1716 · Estates committed to court-appointed administrator
- 58.1-1717 · Undervaluation of estate; collection of additional tax;…
- 58.1-1717.1 · Tax in lieu of probate tax
- 58.1-1718 · City or county probate tax
- 58.1-1718.01 · Exemption for victims of the Virginia Beach mass shooting
- 58.1-1721 · Repealed
- 58.1-1722 · Repealed
- 58.1-1723 · Repealed
- 58.1-1724.2 · Repealed