Tax Type
Corporation Income Tax
Description
Permission to file a combined return
Topic
Returns/Payments/Records
Date Issued
02-11-1985
February 11, 1985
Re: Virginia Code Section 58-151.079 (Section 58.1-442 on and after January 1, 1985)
Permission to File a Combined Return
Dear ****
This is in reply to your letter of November 16, 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. Parent is not taxable in Virginia. Due to the acquisition of the parent corporation on May 25, 1984 by another corporation, Parent and its subsidiaries had short taxable years beginning July 2, 1983 and ending May 25, 1984.
Permission is hereby granted to file a combined return for the short taxable year ending May 25, 1984 which includes the affiliates subject to Virginia income tax. 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.
Sincerely,
W. H. Forst
Tax Commissioner
Re: Virginia Code Section 58-151.079 (Section 58.1-442 on and after January 1, 1985)
Permission to File a Combined Return
Dear ****
This is in reply to your letter of November 16, 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. Parent is not taxable in Virginia. Due to the acquisition of the parent corporation on May 25, 1984 by another corporation, Parent and its subsidiaries had short taxable years beginning July 2, 1983 and ending May 25, 1984.
Permission is hereby granted to file a combined return for the short taxable year ending May 25, 1984 which includes the affiliates subject to Virginia income tax. 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.
Sincerely,
W. H. Forst
Tax Commissioner
Rulings of the Tax Commissioner