Tax Type
Property Tax
Description
Past Due Installments
Topic
Penalties and Interest
Date Issued
07-16-1973
A Roanoke County ordinance setting the interest and penalty rates at 6% for 1973 and 8% for 1974 for past due installments of real and personal property taxes is valid. Under § 58-847, Code of Virginia, the Board of Supervisors may set any rate of interest so long as it does not exceed 8%.
Attorney General's Opinion