Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-2620
Basis of tax
Official textlaw.lis.virginia.gov
The license tax levied pursuant to this article shall be paid annually for each tax year based upon the gross receipts received during the taxable year.
Source: view the official text
Nearby sections (25 sections)
- 58.1-2602 · Local authorities to examine assessments and inform…
- 58.1-2603 · Local levies to be extended by commissioners of the…
- 58.1-2604 · Assessed valuation
- 58.1-2605 · Repealed
- 58.1-2606 · Local taxation of real and tangible personal property of…
- 58.1-2606.1 · Local taxation for solar photovoltaic projects five…
- 58.1-2607 · Local taxation of real and tangible personal property of…
- 58.1-2608 · State taxation of railroads, telecommunications companies
- 58.1-2609 · Local taxation of land and nonutility and noncarrier…
- 58.1-2610 · Penalty for failure to file timely report
- 58.1-2611 · Penalty for failure to pay tax
- 58.1-2612 · Lien of taxes
- 58.1-2620 · Basis of tax
- 58.1-2626 · Annual state license tax on companies furnishing water,…
- 58.1-2626.1 · The Virginia Coal Employment and Production Incentive Tax…
- 58.1-2627 · Exemptions
- 58.1-2627.1 · Taxation of pipeline companies
- 58.1-2628 · Annual report
- 58.1-2629 · License taxes of corporations commencing business
- 58.1-2630 · Gross receipts in cases of acquisition of business
- 58.1-2631 · Gross receipts in cases of consolidation or merger
- 58.1-2632 · Applicability of other provisions to corporations…
- 58.1-2633 · Assessment by Commission
- 58.1-2634 · Copies of assessment forwarded to interested parties
- 58.1-2635 · Date of payment of taxes