Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-3514
When cargo in transit not deemed to have acquired a situs for taxation
Official textlaw.lis.virginia.gov
Cargo, merchandise and equipment in transit which is stored, located or housed temporarily in a marine or airport terminal prior to being transported by vessels or aircraft to a point outside the Commonwealth, shall not acquire a situs for property taxation by the Commonwealth or any of its counties, cities or towns.
Source: view the official text
Nearby sections (25 sections)
- 58.1-3508.6 · Separate classification of machinery and tools used…
- 58.1-3509 · Merchants' capital subject to local taxation; rate limit
- 58.1-3510 · Definition of merchants' capital
- 58.1-3510.01 · Separate classification of merchants' capital of…
- 58.1-3510.02 · Separate classification of certain merchants' capital of…
- 58.1-3510.4 · Short-term rental property; short-term rental businesses
- 58.1-3510.5 · Renter's certificate of registration
- 58.1-3510.6 · Short-term rental property tax
- 58.1-3510.7 · Exemptions; penalties
- 58.1-3511 · Situs for assessment; nonresident exception; refund of tax…
- 58.1-3512 · When vessels and containers used in interstate and foreign…
- 58.1-3513 · When imports deemed to acquire situs
- 58.1-3514 · When cargo in transit not deemed to have acquired a situs…
- 58.1-3515 · Tax day January 1
- 58.1-3516 · Proration of personal property tax
- 58.1-3516.1 · Payment of taxes prorated under § 58.1-3516
- 58.1-3516.2 · Payment of taxes on leased property by lessee;…
- 58.1-3517 · Department of Taxation to prescribe and furnish forms of…
- 58.1-3518 · Taxpayers to file returns
- 58.1-3518.1 · Alternative method of filing returns for motor vehicles,…
- 58.1-3519 · Commissioner to assess property if taxpayer fails to file…
- 58.1-3520 · Local permits required before moving a manufactured home to…
- 58.1-3521 · Manufactured homes; proration of tax
- 58.1-3522 · Assessment method for manufactured homes
- 58.1-3523 · Definitions