Tax Type
Corporation Income Tax
Description
Permission to file a combined return
Topic
Returns/Payments/Records
Date Issued
02-13-1985
February 13, 1985
Re: Virginia Code § 58.1-442
Permission to File a Combined Return
Dear *******
This is in reply to your letter of December 19, 1984 requesting permission for the above referenced taxpayers to file a combined Virginia income tax return. The subsidiary corporations are all eligible affiliates subject to Virginia income tax. They have filed separate Virginia returns in prior years and all utilize the same taxable year. Parent is not taxable in Virginia.
Permission is hereby granted to file a combined return for the taxable year ending September 29, 1984 and thereafter which includes the affiliates subject to Virginia income tax. Since the parent corporation is not taxable in Virginia, the combined return shall not include the income of the parent corporation. The return should be filed using the name and identification number of the Designated Lead Affiliate. The combined return is to be filed in accordance with the requirements set forth in the Virginia Corporation Income Tax Regulations §630-3-442 (copy attached).
Sincerely,
W. H. Forst
Tax Commissioner
Rulings of the Tax Commissioner