Guidance Document Information
| Title |
Guidelines for the Local Taxation of Idle Machinery and Tools |
| Document ID |
Local |
| Summary |
Provides for uniform, statewide classification and taxation of idle machinery and tools on a prospective basis, effective January 1, 2007.
After January 1, 2008, these guidelines will be accorded the weight of a regulation under Code of Va. § 58.1-205 and any amendments to the guidelines will be subject to the Administrative Process Act. |
| Effective Date |
1/1/2008 |
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Posted On 12/14/2017
Document on Town Hall
|
| Explanation or Citations |
Va. Code § 58.1-611.2
The information set forth within this guidance document may be superseded by legislative and other changes subsequent to its revision date. |
This document applies to all boards for this agency
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