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39 chapters · 1,643 sections in this title.
Va. Code Ann. § 58.1-399.6 De minimis exception
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The Department may establish a de minimis tax liability amount. If a partner or partnership has a tax liability less than such amount, the Department may exempt such partner or partnership from the reporting and payment requirements of this article.
Va. Code Ann. § 58.1-399.7 Administration
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A. For partners and partnerships subject to the provisions of this article, the Department shall assess, collect from, and refund any Virginia income tax, interest, and penalties arising from final federal adjustments as set forth in this article. If any partner or partnership ma…
Va. Code Ann. § 58.1-400 Imposition of tax
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A tax at the rate of six percent is hereby annually imposed on the Virginia taxable income for each taxable year of every corporation organized under the laws of the Commonwealth and every foreign corporation having income from Virginia sources.
Va. Code Ann. § 58.1-400.1 Minimum tax on telecommunications companies
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A. A telecommunications company that is incorporated shall be subject to a minimum tax, instead of the corporate income tax imposed by § 58.1-400, at the applicable rate on its gross receipts for the calendar year which ends during the taxable year if the tax imposed by § 58.1-40…