If the declaration is filed after the time prescribed by § 58.1-2641 (determined without regard to any extension of time for filing the declaration), there shall be paid at the time of such filing all installments of estimated tax which would have been payable on or before such time if the declaration had been filed timely and the remaining installment shall be paid at the time at which, and in the amounts in which, they would have been payable if the declaration had been so filed.

History

Code 1950, § 58-514.6; 1968, c. 15; 1972, c. 152; 1984, c. 675.