Income tax, corporate; sourcing of sales other than sales of tangible personal property. (HB796)

Introduced By

Del. Barry Knight (R-Virginia Beach)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Corporate income tax; sourcing of sales other than sales of tangible personal property. Implements market-based corporate income tax sourcing for attributing sales, other than sales of tangible personal property, to Virginia beginning with taxable year 2021. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2020Committee
01/07/2020Prefiled and ordered printed; offered 01/08/20 20102261D
01/07/2020Referred to Committee on Finance
01/29/2020Assigned Finance sub: Subcommittee #3
01/30/2020Impact statement from TAX (HB796)
01/31/2020Subcommittee recommends continuing to 2021
02/05/2020Continued to 2021 in Finance

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