Code of Virginia § 58.1-2610. Penalty for failure to file timely report.
80 words·~1 min read·
/va/title-58-1/chapter-26/58-1-2610·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any person failing to make a report required under the provisions of this chapter within the time prescribed shall be liable to a penalty of $100 for each day such taxpayer is late in making such report. The State Corporation Commission or Tax Commissioner, as the case may be, may waive all or a part of such penalty for good cause.
Code 1950, §§ 58-514, 58-539, 58-625; 1978, c. 784; 1983, c. 570; 1984, c. 675; 1999, c. 971 .