In its 1989 session, Virginia's General Assembly passed many bills amending sections of and adding new sections to title 58.1 of the Code of Virginia (the "Code"). These bills affected a broad range of areas, including the individual and corporate income tax, the sales and use tax, real estate and recordation taxes, and miscellaneous local taxes. The Virginia courts decided several cases concerning miscellaneous taxation issues. In addition, the Virginia Department of Taxation finalized regulations concerning the payment of estimated income taxes by individuals and fiduciaries and promulgated other emergency and proposed regulations. This article covers legislative and regulatory changes and judicial decisions affecting Virginia taxation from July, 1988 to July, 1989. Its purpose is to alert Virginia's tax practitioners, as well as general prac- titioners, to these changes and decisions.
Carle E. Davis,
Annual Survey of Virginia Law: Taxation,
U. Rich. L. Rev.
Available at: http://scholarship.richmond.edu/lawreview/vol23/iss4/19