CODE OF VIRGINIA

PENALTY FOR FAILURE TO FILE TIMELY REPORT (§ 58.1-2610)

Any person failing to make a report required under the provisions of this
chapter within the time prescribed shall be liable to a penalty of $ 100 for
each day such taxpayer is late in making such report. The State Corporation
Commission or Tax Commissioner, as the case may be, may waive all or a part of
such penalty for good cause.

HISTORY: Code 1950, §§ 58-514, 58-539, 58-625; 1978, c. 784; 1983, c. 570;
1984, c. 675; 1999, c. 971.