Va. Code § 58.1-2608

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

Section 58.1-2608 - State taxation of railroads, telecommunications companies

Every railway company or telecommunications company as defined in § 58.1-400.1 shall pay to the Commonwealth the income tax imposed by Chapter 3 of this title.

Nothing herein contained shall exempt such corporations from the intangible personal property tax levied under Chapter 11, the annual fee and the annual state registration fee on domestic corporations, both levied under § 13.1-775.1 or from assessment for street and other local improvements which shall be authorized by law, or from the county, city, town, or magisterial district levies hereinafter provided for.

Code 1950, § 58-519; 1964, c. 425; 1971, Ex. Sess., c. 41; 1972, c. 813; 1976, c. 777; 1978, c. 784; 1984, c. 675; 1988, c. 899.

Amended by Acts 1988, c. 899.

Amended by Acts 1984, c. 675.

Amended by Acts 1978, c. 784.

Amended by Acts 1976, c. 777.

Amended by Acts 1972, c. 813.

Amended by Acts 1971, § Ex. Sess., c. 41.

Amended by Acts 1964, c. 425.