§ 58.1-1100 Intangible personal property; segregated for state taxation
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.
History
The record of this law’s original creation isn’t available online. The oldest record of it is its appearance in the Code of Virginia of 1950, as § 58-405. It has been modified 4 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1981, chapter 145; in 1982, chapter 633; in 1983, chapters 552 and 555; in 1984, chapters 680 and 729.
Code 1950, § 58-405; 1981, c. 145; 1982, c. 633; 1983, cc. 552, 555; 1984, cc. 680, 729.