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SB1456

Income tax, corporate; sourcing of sales other than sales of tangible personal property.

Status:
Killed

Chief Patron:
Mark Obenshain (R)

Session:
2025 Regular Session

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)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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