13 Va. Admin. Code § 5-112-100

Current through Register Vol. 41, No. 6, November 4, 2024

Section 13VAC5-112-100 - Pass-through entities

The amount of any credit attributable to a partnership, S corporation, or limited liability company shall be allocated to the individual partners, shareholders, or members, respectively. The credit will be allocated in the manner in which income is allocated for federal income tax purposes.

13 Va. Admin. Code § 5-112-100

Derived from Virginia Register Volume 23, Issue 12, eff. March 21, 2007.

Statutory Authority

§ 59.1-541 of the Code of Virginia.