VirginiaIncome tax, corporate; 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.
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jan 28Passed by indefinitely in Finance and Appropriations (10-Y 5-N)Latest
- Vote recorded Passed by indefinitely in Finance and Appropriations (10-Y 5-N). Result: pass.Upper
- Jan 23Impact statement from TAX (SB1456)
- Jan 17Referred to Committee on Finance and AppropriationsMinor
- Jan 17Presented and ordered printed 25104690DIntroduced
- Jan 28Passed by indefinitely in Finance and Appropriations (10-Y 5-N)Latest