Code of Virginia § 58.1-443. Prohibition of worldwide consolidation or combination.
53 words·~1 min read·
/va/title-58-1/chapter-3/58-1-443A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any other provisions of this chapter, the Department shall not require, and no corporation may elect, that a consolidation or combination of an affiliated group include any controlled foreign corporation, the income of which is derived from sources without the United States.
Code 1950, § 58-151.079:1; 1981, c. 402; 1984, c. 675.