{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-1404.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-1404.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-1404.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-1404.html"}],"law_id":77970,"edition_id":1,"section_id":77970,"structure_id":15296,"section_number":"58.1-1404","catch_line":"Exemptions","history":"Code 1950, \u00a7\u00a7 58-685.44 to 58-685.46; 1981, c. 405; 1984, c. 675; 1986, c. 545; 1988, c. 314; 1997, c. 877; 2000, c. 602; 2013, c. 787; 2015, cc. 502, 503.","full_text":"A\n\nAny watercraft sold to or used by the United States or any of the governmental agencies thereof or the Commonwealth of Virginia or any political subdivision thereof or sold to an insurance company for the sole purpose of disposition when such insurance company has paid the registered owner of such watercraft on a total loss claim shall be exempt from the tax imposed by this chapter.B\n\nAny person who was the owner of a watercraft that was not required to be titled prior to January 1, 1998, shall apply for a title for such watercraft without incurring liability for the tax imposed under this chapter.C\n\nAny watercraft constructed by a commercial waterman for his own use shall be exempt from the tax imposed under this chapter.D\n\nAny registered dealer in watercraft shall be exempt from the tax imposed by subdivisions 1 and 2 of § 58.1-1402. Such dealer shall also be exempt from titling requirements as provided in § 29.1-733.6.E\n\nAny watercraft purchased by and for the use of a volunteer fire department or volunteer emergency medical services agency not conducted for profit shall be exempt from the tax imposed under this chapter.F\n\nAny watercraft transferred to trustees of a revocable inter vivos trust, when the owners of the watercraft and the beneficiaries of the trust are the same persons, regardless of whether other beneficiaries may also be named in the trust instrument, or transferred by trustees of such a trust to beneficiaries of the trust following the death of the grantor, when no consideration has passed between the grantor and the beneficiaries in either case, shall be exempt from the tax imposed under this chapter.","order_by":null,"text":{"0":{"id":279554,"text":"Any watercraft sold to or used by the United States or any of the governmental agencies thereof or the Commonwealth of Virginia or any political subdivision thereof or sold to an insurance company for the sole purpose of disposition when such insurance company has paid the registered owner of such watercraft on a total loss claim shall be exempt from the tax imposed by this chapter.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":279555,"text":"Any person who was the owner of a watercraft that was not required to be titled prior to January 1, 1998, shall apply for a title for such watercraft without incurring liability for the tax imposed under this chapter.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":279556,"text":"Any watercraft constructed by a commercial waterman for his own use shall be exempt from the tax imposed under this chapter.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":279557,"text":"Any registered dealer in watercraft shall be exempt from the tax imposed by subdivisions 1 and 2 of § 58.1-1402. Such dealer shall also be exempt from titling requirements as provided in § 29.1-733.6.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"E"},"4":{"id":279558,"text":"Any watercraft purchased by and for the use of a volunteer fire department or volunteer emergency medical services agency not conducted for profit shall be exempt from the tax imposed under this chapter.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D","next_prefix":"F"},"5":{"id":279559,"text":"Any watercraft transferred to trustees of a revocable inter vivos trust, when the owners of the watercraft and the beneficiaries of the trust are the same persons, regardless of whether other beneficiaries may also be named in the trust instrument, or transferred by trustees of such a trust to beneficiaries of the trust following the death of the grantor, when no consideration has passed between the grantor and the beneficiaries in either case, shall be exempt from the tax imposed under this chapter.","type":"section","prefixes":["F"],"prefix":"F","entire_prefix":"F","prefix_anchor":"F","level":1,"prior_prefix":"E"}},"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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-1404\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 8 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, chapter 675; in 1986, chapter 545; in 1988, chapter 314; in 1997, chapter 877<\/a>; in 2000, chapter 602<\/a>; in 2013, chapter 787<\/a>; in 2015, chapters 502<\/a> and 503<\/a>.<\/p>","references":[{"id":86570,"section_number":"58.1-1405","catch_line":"Time for payment of tax","order_by":null,"url":"\/58.1-1405\/"}],"refers_to":[{"id":86634,"section_number":"58.1-1402","catch_line":"Tax levied","order_by":null,"url":"\/58.1-1402\/"}],"permalink":{"id":252549,"object_type":"law","relational_id":77970,"identifier":"58.1-1404","token":"58.1\/I\/14\/58.1-1404","url":"\/58.1-1404\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-1404\/","token":"58.1\/I\/14\/58.1-1404","dublin_core":{"Title":"Exemptions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-1404","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Any watercraft<\/span> sold to or used by the United States or any of the governmental agencies thereof or the Commonwealth of Virginia or any political subdivision thereof or sold to an insurance company for the sole purpose of disposition<\/span> when such insurance company has paid the registered owner of such watercraft<\/span> on a total loss claim shall be exempt from the tax imposed by this chapter. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Any person who was the owner of a watercraft<\/span> that was not required to be titled prior to January 1, 1998, shall apply for a title for such watercraft<\/span> without incurring liability for the tax imposed under this chapter. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Any watercraft<\/span> constructed by a commercial waterman for his own use shall be exempt from the tax imposed under this chapter. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> Any registered dealer<\/span> in watercraft<\/span> shall be exempt from the tax imposed by subdivisions 1 and 2 of § 58.1-1402<\/a>. Such dealer<\/span> shall also be exempt from titling requirements as provided in § 29.1-733.6<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> Any watercraft<\/span> purchased by and for the use of a volunteer fire department<\/span> or volunteer emergency medical services agency not conducted for profit shall be exempt from the tax imposed under this chapter. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

F.<\/span> Any watercraft<\/span> transferred to trustees of a revocable inter vivos trust, when the owners of the watercraft<\/span> and the beneficiaries of the trust are the same persons, regardless of whether other beneficiaries may also be named in the trust instrument, or transferred by trustees of such a trust to beneficiaries of the trust following the death of the grantor, when no consideration has passed between the grantor and the beneficiaries in either case, shall be exempt from the tax imposed under this chapter. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nEXEMPTIONS (\u00a7 58.1-1404)\n\nA. Any watercraft sold to or used by the United States or any of the\ngovernmental agencies thereof or the Commonwealth of Virginia or any political\nsubdivision thereof or sold to an insurance company for the sole purpose of\ndisposition when such insurance company has paid the registered owner of such\nwatercraft on a total loss claim shall be exempt from the tax imposed by this\nchapter.\n\nB. Any person who was the owner of a watercraft that was not required to be\ntitled prior to January 1, 1998, shall apply for a title for such watercraft\nwithout incurring liability for the tax imposed under this chapter.\n\nC. Any watercraft constructed by a commercial waterman for his own use shall be\nexempt from the tax imposed under this chapter.\n\nD. Any registered dealer in watercraft shall be exempt from the tax imposed by\nsubdivisions 1 and 2 of § 58.1-1402. Such dealer shall also be exempt from\ntitling requirements as provided in § 29.1-733.6.\n\nE. Any watercraft purchased by and for the use of a volunteer fire department or\nvolunteer emergency medical services agency not conducted for profit shall be\nexempt from the tax imposed under this chapter.\n\nF. Any watercraft transferred to trustees of a revocable inter vivos trust, when\nthe owners of the watercraft and the beneficiaries of the trust are the same\npersons, regardless of whether other beneficiaries may also be named in the\ntrust instrument, or transferred by trustees of such a trust to beneficiaries of\nthe trust following the death of the grantor, when no consideration has passed\nbetween the grantor and the beneficiaries in either case, shall be exempt from\nthe tax imposed under this chapter.\n\nHISTORY: Code 1950, \u00a7\u00a7 58-685.44 to 58-685.46; 1981, c. 405; 1984, c. 675;\n1986, c. 545; 1988, c. 314; 1997, c. 877; 2000, c. 602; 2013, c. 787; 2015, cc.\n502, 503.","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}}