Corporate income tax; combined reporting requirements. (SB1353)

Introduced By

Progress

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

Description

Corporate income tax; combined reporting requirements. Requires, for taxable years beginning on or after January 1, 2022, unitary combined reporting for Virginia corporate income tax purposes. The bill also expires the minimum tax on telecommunications companies beginning in taxable year 2022. Read the Bill »

Status

01/13/2021: Awaiting a Vote in the Finance and Appropriations Committee

History

Date	Action
01/13/2021	Prefiled and ordered printed; offered 01/13/21 21101398D
01/13/2021	Referred to Committee on Finance and Appropriations