#ADMISSIONS TAX CODE OF VA SERIES#

Amended by Acts 1984, 68th Leg., 2nd C.S., ch. (2) located in this state for business purposes.ДЄcts 1979, 66th Leg., p. (c) This state has jurisdiction to tax intangible personal property if the property is: (b) Intangible property governed by Article 4.01, Insurance Code, or by Section 89.003, Finance Code, is taxable as provided by law, unless exempt by law, if this state has jurisdiction to tax those intangibles. (a) Except as provided by Subsection (b) of this section, intangible personal property is not taxable.

#ADMISSIONS TAX CODE OF VA SERIES#

For purposes of this subsection, a series of events are considered to occur in close succession throughout the year if they occur in sequence within a short period at intervals from the beginning to the end of the year.ДЄcts 1979, 66th Leg., p. (e) For purposes of Subsection (c)(3), property is considered to be used continually, whether regularly or irregularly, in this state if the property is used in this state three or more times on regular routes or for three or more completed assignments occurring in close succession throughout the year. (d) Tangible personal property that is operated or located exclusively outside this state during the year preceding the tax year and on January 1 of the tax year is not taxable in this state. (3) used continually, whether regularly or irregularly, in this state. (2) temporarily located outside this state and the owner resides in this state or (1) located in this state for longer than a temporary period (c) This state has jurisdiction to tax tangible personal property if the property is: (b) This state has jurisdiction to tax real property if located in this state.

(a) All real and tangible personal property that this state has jurisdiction to tax is taxable unless exempt by law. TAXABLE PROPERTY AND EXEMPTIONSД¬HAPTER 11.

Admissions tax code of va