{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-1401.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-1401.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-1401.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-1401.html"}],"law_id":58235,"edition_id":1,"section_id":58235,"structure_id":15296,"section_number":"58.1-1401","catch_line":"Definitions","history":"Code 1950, \u00a7 58-685.40; 1981, c. 405; 1984, cc. 418, 675; 1997, c. 877.","full_text":"As used in this chapter, unless the context clearly shows otherwise, the term or phrase:\n\t\t“Dealer” means any watercraft dealer as defined in \u00a7 29.1-801.\n\t\t“Gross receipts” means the amount received for the lease, charter, or other use of any watercraft. The term shall include hourly rental, maintenance, and all other charges for use of any watercraft and charges for pilots crew, or other services, unless separately stated on the invoice. The term shall also include the amount by which the price estimated under \u00a7 58.1-1403 exceeds the charge actually made.\n\t\t“Sale” means any transfer of ownership or possession of a watercraft by exchange or barter, conditional or otherwise, in any manner. The term shall also include (i) a transaction whereby possession is transferred but title is retained by the seller as security, (ii) any lease or rental for a period of time substantially equal to the remaining life of the watercraft, and (iii) any lease or rental requiring total payments by the lessee during the lease or rental period which substantially equals the value of the watercraft. The term shall not include a transfer of ownership or possession made to secure the payment of an obligation.\n\t\t“Sale price” means the total price paid for a watercraft and all attachments thereon and accessories thereto, exclusive of any federal manufacturer’s excise tax, without any allowance or deduction for trade-ins or unpaid liens or encumbrances.\n\t\t“Watercraft” means any vessel propelled by machinery whether or not the machinery is the principal source of propulsion. The term shall also include any sail-powered vessel which is in excess of eighteen feet in length measured along the centerline. The term shall not include a seaplane on the water or a watercraft which has a valid marine titling document issued by the United States Coast Guard.","order_by":null,"text":{"0":{"id":213406,"text":"As used in this chapter, unless the context clearly shows otherwise, the term or phrase:\n\t\t“Dealer” means any watercraft dealer as defined in \u00a7 29.1-801.\n\t\t“Gross receipts” means the amount received for the lease, charter, or other use of any watercraft. The term shall include hourly rental, maintenance, and all other charges for use of any watercraft and charges for pilots crew, or other services, unless separately stated on the invoice. The term shall also include the amount by which the price estimated under \u00a7 58.1-1403 exceeds the charge actually made.\n\t\t“Sale” means any transfer of ownership or possession of a watercraft by exchange or barter, conditional or otherwise, in any manner. The term shall also include (i) a transaction whereby possession is transferred but title is retained by the seller as security, (ii) any lease or rental for a period of time substantially equal to the remaining life of the watercraft, and (iii) any lease or rental requiring total payments by the lessee during the lease or rental period which substantially equals the value of the watercraft. The term shall not include a transfer of ownership or possession made to secure the payment of an obligation.\n\t\t“Sale price” means the total price paid for a watercraft and all attachments thereon and accessories thereto, exclusive of any federal manufacturer’s excise tax, without any allowance or deduction for trade-ins or unpaid liens or encumbrances.\n\t\t“Watercraft” means any vessel propelled by machinery whether or not the machinery is the principal source of propulsion. The term shall also include any sail-powered vessel which is in excess of eighteen feet in length measured along the centerline. The term shall not include a seaplane on the water or a watercraft which has a valid marine titling document issued by the United States Coast Guard.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15296,"edition_id":1,"name":"Virginia Watercraft Sales and Use Tax","identifier":"14","label":"chapter","depth":3,"order_by":1,"parent_id":12837,"metadata":{},"date_created":"2026-06-26 03:53:43","date_modified":"2026-06-26 03:53:43","permalink":{"id":252527,"object_type":"structure","relational_id":15296,"identifier":"14","token":"58.1\/I\/14","url":"\/58.1\/I\/14\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12837,"edition_id":1,"name":"Taxes Administered by the Department of Taxation","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:43:55","date_modified":"2026-06-26 03:43:55","permalink":{"id":252075,"object_type":"structure","relational_id":12837,"identifier":"I","token":"58.1\/I","url":"\/58.1\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":69754,"structure_id":15296,"section_number":"58.1-1400","catch_line":"Title","url":"\/58.1-1400\/","token":"58.1\/I\/14\/58.1-1400","metadata":false},{"id":58235,"structure_id":15296,"section_number":"58.1-1401","catch_line":"Definitions","url":"\/58.1-1401\/","token":"58.1\/I\/14\/58.1-1401","metadata":false},{"id":62307,"structure_id":15296,"section_number":"58.1-1401.1","catch_line":"When motor deemed a watercraft","url":"\/58.1-1401.1\/","token":"58.1\/I\/14\/58.1-1401.1","metadata":false},{"id":86634,"structure_id":15296,"section_number":"58.1-1402","catch_line":"Tax levied","url":"\/58.1-1402\/","token":"58.1\/I\/14\/58.1-1402","metadata":false},{"id":86799,"structure_id":15296,"section_number":"58.1-1403","catch_line":"Basis of tax; estimate of tax; penalty for misrepresentation","url":"\/58.1-1403\/","token":"58.1\/I\/14\/58.1-1403","metadata":false},{"id":77970,"structure_id":15296,"section_number":"58.1-1404","catch_line":"Exemptions","url":"\/58.1-1404\/","token":"58.1\/I\/14\/58.1-1404","metadata":false},{"id":86570,"structure_id":15296,"section_number":"58.1-1405","catch_line":"Time for payment of tax","url":"\/58.1-1405\/","token":"58.1\/I\/14\/58.1-1405","metadata":false},{"id":75272,"structure_id":15296,"section_number":"58.1-1406","catch_line":"Dealers' certificates of registration","url":"\/58.1-1406\/","token":"58.1\/I\/14\/58.1-1406","metadata":false},{"id":83789,"structure_id":15296,"section_number":"58.1-1407","catch_line":"Retention of documents","url":"\/58.1-1407\/","token":"58.1\/I\/14\/58.1-1407","metadata":false},{"id":76879,"structure_id":15296,"section_number":"58.1-1408","catch_line":"Civil penalties and interest","url":"\/58.1-1408\/","token":"58.1\/I\/14\/58.1-1408","metadata":false},{"id":65740,"structure_id":15296,"section_number":"58.1-1409","catch_line":"Credit against tax","url":"\/58.1-1409\/","token":"58.1\/I\/14\/58.1-1409","metadata":false},{"id":64640,"structure_id":15296,"section_number":"58.1-1410","catch_line":"Disposition of funds","url":"\/58.1-1410\/","token":"58.1\/I\/14\/58.1-1410","metadata":false}],"previous_section":{"id":69754,"structure_id":15296,"section_number":"58.1-1400","catch_line":"Title","url":"\/58.1-1400\/","token":"58.1\/I\/14\/58.1-1400","metadata":false},"next_section":{"id":62307,"structure_id":15296,"section_number":"58.1-1401.1","catch_line":"When motor deemed a watercraft","url":"\/58.1-1401.1\/","token":"58.1\/I\/14\/58.1-1401.1","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-1401\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1981, chapter 405; in 1984, chapters 418 and 675; in 1997, chapter 877<\/a>.<\/p>","references":[{"id":62307,"section_number":"58.1-1401.1","catch_line":"When motor deemed a watercraft","order_by":null,"url":"\/58.1-1401.1\/"}],"refers_to":[{"id":85930,"section_number":"29.1-801","catch_line":"Definitions","order_by":null,"url":"\/29.1-801\/"},{"id":86799,"section_number":"58.1-1403","catch_line":"Basis of tax; estimate of tax; penalty for misrepresentation","order_by":null,"url":"\/58.1-1403\/"}],"permalink":{"id":252533,"object_type":"law","relational_id":58235,"identifier":"58.1-1401","token":"58.1\/I\/14\/58.1-1401","url":"\/58.1-1401\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-1401\/","token":"58.1\/I\/14\/58.1-1401","dublin_core":{"Title":"Definitions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-1401","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

As used in this chapter, unless the context clearly shows otherwise, the term or phrase:\n\t\t“Dealer<\/span>” means any watercraft<\/span> dealer<\/span> as defined in \u00a7 29.1-801<\/a>.\n\t\t“Gross receipts<\/span>” means the amount received for the lease, charter, or other use of any watercraft<\/span>. The term shall include hourly rental, maintenance, and all other charges for use of any watercraft<\/span> and charges for pilots crew, or other services, unless separately stated on the invoice. The term shall also include the amount by which the price estimated under \u00a7 58.1-1403<\/a> exceeds the charge actually made.\n\t\t“Sale” means any transfer of ownership or possession<\/span> of a watercraft<\/span> by exchange or barter, conditional or otherwise, in any manner. The term shall also include (i) a transaction whereby possession<\/span> is transferred but title is retained by the seller as security, (ii) any lease or rental for a period of time substantially equal to the remaining life of the watercraft<\/span>, and (iii) any lease or rental requiring total payments by the lessee during the lease or rental period which substantially equals the value of the watercraft<\/span>. The term shall not include a transfer of ownership or possession<\/span> made to secure the payment of an obligation.\n\t\t“Sale price<\/span>” means the total price paid for a watercraft<\/span> and all attachments<\/span> thereon and accessories thereto, exclusive of any federal manufacturer’s excise tax, without any allowance or deduction for trade-ins or unpaid liens<\/span> or encumbrances.\n\t\t“Watercraft<\/span>” means any vessel propelled by machinery whether or not the machinery is the principal source of propulsion. The term shall also include any sail-powered vessel which is in excess of eighteen feet in length measured along the centerline. The term shall not include a seaplane on the water or a watercraft<\/span> which has a valid marine titling document issued by the United States Coast Guard.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEFINITIONS (\u00a7 58.1-1401)\n\nAs used in this chapter, unless the context clearly shows otherwise, the term or\nphrase:\n\t\t“Dealer” means any watercraft dealer as defined in \u00a7 29.1-801.\n\t\t“Gross receipts” means the amount received for the lease, charter,\nor other use of any watercraft. The term shall include hourly rental,\nmaintenance, and all other charges for use of any watercraft and charges for\npilots crew, or other services, unless separately stated on the invoice. The\nterm shall also include the amount by which the price estimated under \u00a7\n58.1-1403 exceeds the charge actually made.\n\t\t“Sale” means any transfer of ownership or possession of a\nwatercraft by exchange or barter, conditional or otherwise, in any manner. The\nterm shall also include (i) a transaction whereby possession is transferred but\ntitle is retained by the seller as security, (ii) any lease or rental for a\nperiod of time substantially equal to the remaining life of the watercraft, and\n(iii) any lease or rental requiring total payments by the lessee during the\nlease or rental period which substantially equals the value of the watercraft.\nThe term shall not include a transfer of ownership or possession made to secure\nthe payment of an obligation.\n\t\t“Sale price” means the total price paid for a watercraft and all\nattachments thereon and accessories thereto, exclusive of any federal\nmanufacturer’s excise tax, without any allowance or deduction for\ntrade-ins or unpaid liens or encumbrances.\n\t\t“Watercraft” means any vessel propelled by machinery whether or\nnot the machinery is the principal source of propulsion. The term shall also\ninclude any sail-powered vessel which is in excess of eighteen feet in length\nmeasured along the centerline. The term shall not include a seaplane on the\nwater or a watercraft which has a valid marine titling document issued by the\nUnited States Coast Guard.\n\nHISTORY: Code 1950, \u00a7 58-685.40; 1981, c. 405; 1984, cc. 418, 675; 1997, c.\n877.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}