SB1456
Income tax, corporate; sourcing of sales other than sales of tangible personal property.
Summary
As Introduced. 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.-
Bill History
- 01/17/2025 - Senate: Presented and ordered printed 25104690D
- 01/17/2025 - Senate: Referred to Committee on Finance and Appropriations
- 01/23/2025 - Senate: Impact statement from TAX (SB1456)
- 01/28/2025 - Senate: Passed by indefinitely in Finance and Appropriations (10-Y 5-N)