Code of Virginia § 58.1-399.6. De minimis exception.
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/va/title-58-1/chapter-3/58-1-399-6·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
2020, c. 1030 .