VirginiaCorporate income tax; sourcing of sales other than sales of tangible personal property.
What it does
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 in taxable year 2026.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jan 31Tabled in Finance (12-Y 8-N)Latest
- Vote recorded Tabled in Finance (12-Y 8-N). Result: pass.Lower
- Jan 22Impact statement from TAX (HB1866)
- Jan 6Referred to Committee on FinanceMinor
- Jan 6Prefiled and ordered printed; Offered 01-13-2025 25104097DIntroduced
- Jan 31Tabled in Finance (12-Y 8-N)Latest