CODE OF VIRGINIA WHEN TAX PAYABLE (§ 58.1-2503) The annual license tax shall be transmitted to the Department on or before March 1 of each year for deposit into the state treasury. HISTORY: Code 1950, § 58-489; 1952, c. 190; 1968, c. 13; 1978, c. 4; 1984, c. 675; 2011, c. 850.