Va. Code § 58.1-2631

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

Section 58.1-2631 - Gross receipts in cases of consolidation or merger

Whenever there is a consolidation or merger of corporations taxable under § 58.1-2626 or taxable under Article 6 (§ 58.1-2660 et seq.) of this chapter, liability for the taxes shall attach to the corporation thus formed and the gross receipts which shall be used for measuring the license tax or special regulatory revenue tax of the corporation thus formed shall include the gross receipts of the corporations which were consolidated or merged.

Code 1950, § 58-507; 1984, c. 675; 1988, c. 899; 2002, c. 502.

Amended by Acts 2002, c. 502.

Amended by Acts 1988, c. 899.

Amended by Acts 1984, c. 675.