Code of Virginia § 58.1-1100. Intangible personal property; segregated for state taxation.
57 words·~1 min read·
/va/title-58-1/chapter-11/58-1-1100·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Intangible personal property, including capital of a trade or business of any person, firm or corporation, except for merchants' capital as defined in § 58.1-3510 which shall be subject to local taxation, is hereby segregated for state taxation only.
Code 1950, § 58-405; 1981, c. 145; 1982, c. 633; 1983, cc. 552, 555; 1984, cc. 680, 729.