79195858.1-2610Virginia Decodedhttps://vacode.org2016TaxationTaxes Administered By Other AgenciesTaxation Of Public Service CorporationsGeneral ProvisionsPenalty for failure to file timely reportCode 1950, §§ 58-514, 58-539, 58-625; 1978, c. 784; 1983, c. 570; 1984, c. 675; 1999, c. 971.http://law.lis.virginia.gov/vacode/58.1-2610//58.1-2610/58.1/II/26/1/58.1-2610

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.section

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