Taxation of Corporations

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This is Article 10 of the Code of Virginia, titled “Taxation of Corporations.” It is part of Chapter 3 “Income Tax”, which is part of Subtitle I “Taxes Administered by the Department of Taxation”, which is part of Title 58.1 “Taxation”.

It’s comprised of the following 34 sections.

§ 58.1-400	Imposition of tax
§ 58.1-400.1	Minimum tax on telecommunications companies
§ 58.1-400.2	Taxation of electric suppliers, pipeline distribution companies, gas utilities, and gas suppliers
§ 58.1-400.3	Minimum tax on certain electric suppliers
§ 58.1-400.4	Minimum tax on home service contract providers
§ 58.1-401	Exemptions and exclusions
§ 58.1-402	Virginia taxable income
§ 58.1-403	Additional modifications to determine Virginia taxable income for certain corporations
§ 58.1-404	Reserved
§ 58.1-405	Corporations transacting or conducting entire business within this Commonwealth
§ 58.1-405.1	Eligibility of companies for apportionment modification; certification by the Virginia Economic Development Partnership Authority
§ 58.1-406	Allocation and apportionment of income
§ 58.1-407	How dividends allocated
§ 58.1-408	What income apportioned and how
§ 58.1-409	Property factor
§ 58.1-410	Valuation of property owned or rented
§ 58.1-411	Average value of property
§ 58.1-412	Payroll factor
§ 58.1-413	When compensation deemed paid or accrued in this Commonwealth
§ 58.1-414	Sales factor
§ 58.1-415	When sales of tangible personal property deemed in the Commonwealth
§ 58.1-416	(Contingent effective date — See Editor's note) When certain other sales deemed in the Commonwealth
§ 58.1-417	Motor carriers; apportionment
§ 58.1-418	Financial corporations; apportionment
§ 58.1-419	Construction corporations; apportionment
§ 58.1-420	Railway companies; apportionment
§ 58.1-421	Alternative method of allocation
§ 58.1-422	Manufacturing companies; apportionment
§ 58.1-422.1	Retail companies; apportionment
§ 58.1-422.2	Apportionment; taxpayers with enterprise data center operations
§ 58.1-422.3	Debt buyers; apportionment
§ 58.1-422.4	Property information and analytics firms
§ 58.1-422.5	(Contingent effective date — See Editor's note) Internet root infrastructure providers
§ 58.1-423	Income tax paid by commercial spaceflight entities