Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-2631
Gross receipts in cases of consolidation or merger
Official textlaw.lis.virginia.gov
Whenever there is a consolidation or merger of corporations taxable under § 58.1-2626 or taxable under Article 6 (§ 58.1-2660 et seq.) of this chapter, liability for the taxes shall attach to the corporation thus formed and the gross receipts which shall be used for measuring the license tax or special regulatory revenue tax of the corporation thus formed shall include the gross receipts of the corporations which were consolidated or merged.
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Nearby sections (25 sections)
- 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
- 58.1-2636 · Revenue share for solar energy projects and energy storage…
- 58.1-2652 · State tax on rolling stock; date of payment
- 58.1-2653 · Annual report of railroads and freight car companies
- 58.1-2654 · Annual report of motor vehicle carriers
- 58.1-2654.1 · Penalty for failure to properly file annual reports
- 58.1-2655 · Assessment by Department and Commission
- 58.1-2656 · Valuation of sidetracks, double tracks, etc
- 58.1-2657 · Copies of assessments to be furnished to taxpayer and local…