Notices of Appeals of Local Business Taxes
The Department is authorized by Va. Code § 58.1-3983.1 to issue final determinations on appeals filed by business taxpayers of assessments of (business) tangible personal property (BTPP) taxes, merchants capital (MC) taxes, machinery and tools (M&T) taxes, local mobile property (LMP) tax, and consumer utility taxes. The Department is required to publish in a public forum, notice of all requests for correction filed pursuant to the 3rd enactment clause of House Bill 2085 (Chapter 202, 1999 Acts of Assembly), subject to the privacy limitations of § 58.1-3.
The Taxpayer appeals an assessment of the BTPP tax under the provisions of Va. Code § 58.1-3983.1. The Taxpayer contends certain tangible property used in its business should be treated as intangible personal property and reserved for state taxation under the provisions of Va. Code § 58.1-1101 A 2a.
The Taxpayer appeals an assessment of the BTPP tax under the provisions of Va. Code § 58.1-3983.1. The Taxpayer contends that value of business property is overstated.
The Taxpayer appeals an assessment of the M&T tax under the provisions of VA. Code Section 58.1-3983.1. The Taxpayer contends that certain tangible personal property included in the locality's M&T tax assessment was idle and certain equipment used in the Taxpayer's business should be classified as intangible under the provisions of Va. Code Section 58.1-1101 A 2.
Last Updated 8/2/2013 11:59