{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-1407.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-1407.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-1407.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-1407.html"}],"law_id":83789,"edition_id":1,"section_id":83789,"structure_id":15296,"section_number":"58.1-1407","catch_line":"Retention of documents","history":"Code 1950, \u00a7 58-685.48; 1981, c. 405; 1984, c. 675.","full_text":"Any person who sells a watercraft in this Commonwealth shall retain a copy of the invoice required by \u00a7 58.1-1403 for three years following such sale. Any person taxed as a dealer under \u00a7 58.1-1402 shall retain a copy of all invoices for lease, charter or other usage of watercraft for three years following such transaction. Each invoice shall give an accurate description of the watercraft sold, leased or used.","order_by":null,"text":{"0":{"id":300352,"text":"Any person who sells a watercraft in this Commonwealth shall retain a copy of the invoice required by \u00a7 58.1-1403 for three years following such sale. Any person taxed as a dealer under \u00a7 58.1-1402 shall retain a copy of all invoices for lease, charter or other usage of watercraft for three years following such transaction. Each invoice shall give an accurate description of the watercraft sold, leased or used.","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":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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-1407\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 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.<\/p>","references":false,"refers_to":[{"id":86634,"section_number":"58.1-1402","catch_line":"Tax levied","order_by":null,"url":"\/58.1-1402\/"},{"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":252561,"object_type":"law","relational_id":83789,"identifier":"58.1-1407","token":"58.1\/I\/14\/58.1-1407","url":"\/58.1-1407\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-1407\/","token":"58.1\/I\/14\/58.1-1407","dublin_core":{"Title":"Retention of documents","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-1407","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Any person who sells a <span class=\"dictionary\">watercraft<\/span> in this Commonwealth shall retain a copy of the invoice required by \u00a7&nbsp;<a class=\"law\" title=\"Basis of tax; estimate of tax; penalty for misrepresentation\" href=\"\/58.1-1403\/\">58.1-1403<\/a> for three years following such <span class=\"dictionary\">sale<\/span>. Any person taxed as a <span class=\"dictionary\">dealer<\/span> under \u00a7&nbsp;<a class=\"law\" title=\"Tax levied\" href=\"\/58.1-1402\/\">58.1-1402<\/a> shall retain a copy of all invoices for lease, charter or other usage of <span class=\"dictionary\">watercraft<\/span> for three years following such transaction. Each invoice shall give an accurate description of the <span class=\"dictionary\">watercraft<\/span> sold, leased or used.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nRETENTION OF DOCUMENTS (\u00a7 58.1-1407)\n\nAny person who sells a watercraft in this Commonwealth shall retain a copy of\nthe invoice required by \u00a7 58.1-1403 for three years following such sale. Any\nperson taxed as a dealer under \u00a7 58.1-1402 shall retain a copy of all invoices\nfor lease, charter or other usage of watercraft for three years following such\ntransaction. Each invoice shall give an accurate description of the watercraft\nsold, leased or used.\n\nHISTORY: Code 1950, \u00a7 58-685.48; 1981, c. 405; 1984, c. 675.","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}}