In its 1990 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 Supreme Court of Virginia also decided several cases concerning miscellaneous taxation issues. In addition, the Virginia Department of Taxation finalized several regulations and promulgated proposed regulations. This article covers legislative and regulatory changes, and recent judicial decisions affecting Virginia taxation from July 1989 to July 1990. Its purpose is to alert Virginia's tax practitioners, as well as general practitioners, 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/vol24/iss4/15