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Title Incentive and Penalty Options to Encourage the Correct Allocation of the Local Retail Sales and Use Tax
Document ID 4 - Sales & Use
Summary This report outlines potential incentives for taxpayers who accurately report the local Retail Sales and Use Tax by locality, as well as penalties for those who err in reporting the tax.
Latest Revision 8/31/2009
pdf View document text     Posted On 12/9/2010
Explanation or Citations Item 270(K) of House Bill 1600, the Appropriations Act for the 2008-10 Biennium (2009 Acts of Assembly, Chapter 781) requires the Virginia Department of Taxation (“TAX”) to provide a report to the Senate Finance and House Appropriations Committees outlining potential incentives for taxpayers who accurately report the local Retail Sales and Use Tax by locality, as well as penalties for those who er

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[23 VAC 10] Department of Taxation


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