Va. Code § 38.2-1108

Current with changes from the 2024 legislative session through ch. 845

Section 38.2-1108 - Tax on premiums collected

All captive insurers transacting business in this Commonwealth shall pay taxes as provided for in Chapter 25 of Title 58.1, except that taxes shall be paid on risks and property situated in any state in which the captive insurer is not licensed and upon which no premium tax is otherwise paid or payable.

1980, c. 665, § 38.1-928; 1986, c. 562.

Amended by Acts 1986, § c. 562.

Amended by Acts 1980, § c. 665, §38.1-928.