23 Va. Admin. Code § 10-500-590
Section 58.1-3940 of the Code of Virginia provides that, in general, collection of local taxes may only be enforced for five years following December 31 of the year for which such taxes were assessed. In addition, § 58.1-3703.1A 4 c of the Code of Virginia provides that the period for collecting any local license tax will not expire prior to the period specified in § 58.1-3940 of the Code of Virginia, two years after the date of assessment if the period for assessment has been extended pursuant to § 58.1-3703.1A 4 c of the Code of Virginia, two years after the final determination of an appeal for which collection has been stayed pursuant to § 58.1-3703.1A 5 b or d of the Code of Virginia, or two years after the final decision in a court application pursuant to § 58.1-3984 of the Code of Virginia or similar law for which collection has been stayed, whichever is later.
23 Va. Admin. Code § 10-500-590
Statutory Authority
§ 58.1-3701 of the Code of Virginia.