{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-2690.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-2690.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-2690.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-2690.html"}],"law_id":84473,"edition_id":1,"section_id":84473,"structure_id":16889,"section_number":"58.1-2690","catch_line":"No state or local tax on intangible personal property or money; local levies and license taxes","history":"Code 1950, \u00a7\u00a7 58-518, 58-523, 58-578, 58-593, 58-596, 58-602, 58-606; 1968, c. 637; 1972, cc. 813, 858; 1978, c. 784; 1984, c. 675; 1995, c. 751.","full_text":"A\n\nExcept as provided in this chapter, there shall be no state or local taxes assessed on the intangible personal property, gross receipts or other such money or income owned by telephone or telegraph companies, railroads, pipeline companies, or corporations furnishing water, heat, light and power by means of electricity, gas or steam.B\n\nOn the real estate and tangible personal property of every incorporated telegraph and telephone company owning or operating telegraph or telephone lines in Virginia and of railroads, pipeline companies, or corporations furnishing water, heat, light and power by means of electricity, gas or steam, there shall be local levies at the rates prescribed by § 58.1-2606.C\n\nNotwithstanding the provisions of subsection A, any county, city or town may impose a license tax under § 58.1-3703 upon a corporation owning or operating telegraph or telephone lines in Virginia for the privilege of doing business therein, which shall not exceed one-half of one percent of the gross receipts of such business accruing to such corporation from such business in such county, city or town; however, charges for long distance telephone calls shall not be considered receipts of business in such county, city or town.D\n\nNotwithstanding the provisions of subsection A, any county, city or town may impose an excise tax under § 58.1-3818.3 upon a corporation owning or operating telegraph or telephone lines in Virginia, at a rate that shall not exceed the rate lawfully imposed by § 58.1-3818.3, on such corporation’s gross receipts from sales of video programming or access to video programming directly to end-user subscribers who are located within such county, city or town.","order_by":null,"text":{"0":{"id":302780,"text":"Except as provided in this chapter, there shall be no state or local taxes assessed on the intangible personal property, gross receipts or other such money or income owned by telephone or telegraph companies, railroads, pipeline companies, or corporations furnishing water, heat, light and power by means of electricity, gas or steam.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":302781,"text":"On the real estate and tangible personal property of every incorporated telegraph and telephone company owning or operating telegraph or telephone lines in Virginia and of railroads, pipeline companies, or corporations furnishing water, heat, light and power by means of electricity, gas or steam, there shall be local levies at the rates prescribed by § 58.1-2606.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":302782,"text":"Notwithstanding the provisions of subsection A, any county, city or town may impose a license tax under § 58.1-3703 upon a corporation owning or operating telegraph or telephone lines in Virginia for the privilege of doing business therein, which shall not exceed one-half of one percent of the gross receipts of such business accruing to such corporation from such business in such county, city or town; however, charges for long distance telephone calls shall not be considered receipts of business in such county, city or town.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":302783,"text":"Notwithstanding the provisions of subsection A, any county, city or town may impose an excise tax under § 58.1-3818.3 upon a corporation owning or operating telegraph or telephone lines in Virginia, at a rate that shall not exceed the rate lawfully imposed by § 58.1-3818.3, on such corporation’s gross receipts from sales of video programming or access to video programming directly to end-user subscribers who are located within such county, city or town.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":16889,"edition_id":1,"name":"Miscellaneous Provisions Relative to Other Forms of Taxation Applicable to Public Service Corporations","identifier":"9","label":"article","depth":4,"order_by":1,"parent_id":13177,"metadata":{},"date_created":"2026-06-26 04:55:52","date_modified":"2026-06-26 04:55:52","permalink":{"id":256317,"object_type":"structure","relational_id":16889,"identifier":"9","token":"58.1\/II\/26\/9","url":"\/58.1\/II\/26\/9\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13177,"edition_id":1,"name":"Taxation of Public Service Corporations","identifier":"26","label":"chapter","depth":3,"order_by":1,"parent_id":12730,"metadata":{},"date_created":"2026-06-26 03:44:23","date_modified":"2026-06-26 03:44:23","permalink":{"id":256057,"object_type":"structure","relational_id":13177,"identifier":"26","token":"58.1\/II\/26","url":"\/58.1\/II\/26\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12730,"edition_id":1,"name":"Taxes Administered by Other Agencies","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":255261,"object_type":"structure","relational_id":12730,"identifier":"II","token":"58.1\/II","url":"\/58.1\/II\/","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":84473,"structure_id":16889,"section_number":"58.1-2690","catch_line":"No state or local tax on intangible personal property or money; local levies and license taxes","url":"\/58.1-2690\/","token":"58.1\/II\/26\/9\/58.1-2690","metadata":false}],"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-2690\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 5 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 1968, chapter 637; in 1972, chapters 813 and 858; in 1978, chapter 784; in 1984, chapter 675; in 1995, chapter 751<\/a>.<\/p>","references":[{"id":81669,"section_number":"58.1-2606","catch_line":"Local taxation of real and tangible personal property of public service corporations; other persons","order_by":null,"url":"\/58.1-2606\/"}],"refers_to":[{"id":81897,"section_number":"58.1-3703","catch_line":"Counties, cities and towns may impose local license taxes and fees; limitation of authority","order_by":null,"url":"\/58.1-3703\/"}],"permalink":{"id":256319,"object_type":"law","relational_id":84473,"identifier":"58.1-2690","token":"58.1\/II\/26\/9\/58.1-2690","url":"\/58.1-2690\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-2690\/","token":"58.1\/II\/26\/9\/58.1-2690","dublin_core":{"Title":"No state or local tax on intangible personal property or money; local levies and license taxes","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-2690","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Except as provided in this chapter, there shall be no state or local taxes assessed on the intangible personal property, gross receipts or other such money or income owned by telephone or telegraph companies, railroads, pipeline companies, or corporations furnishing water, heat, light and power by means of electricity, gas or steam. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> On the real estate and tangible personal property of every incorporated telegraph and telephone company owning or operating telegraph or telephone lines in Virginia and of railroads, pipeline companies, or corporations furnishing water, heat, light and power by means of electricity, gas or steam, there shall be local levies at the rates prescribed by § 58.1-2606<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Notwithstanding the provisions of subsection A, any county, city or town may impose a license tax under § 58.1-3703<\/a> upon a corporation owning or operating telegraph or telephone lines in Virginia for the privilege<\/span> of doing business therein, which shall not exceed one-half of one percent of the gross receipts of such business accruing to such corporation from such business in such county, city or town; however, charges for long distance telephone calls shall not be considered receipts of business in such county, city or town. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> Notwithstanding the provisions of subsection A, any county, city or town may impose an excise tax under § 58.1-3818.3 upon a corporation owning or operating telegraph or telephone lines in Virginia, at a rate that shall not exceed the rate lawfully imposed by § 58.1-3818.3, on such corporation’s gross receipts from sales of video programming or access to video programming directly to end-user subscribers who are located within such county, city or town. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nNO STATE OR LOCAL TAX ON INTANGIBLE PERSONAL PROPERTY OR MONEY; LOCAL LEVIES AND\nLICENSE TAXES (\u00a7 58.1-2690)\n\nA. Except as provided in this chapter, there shall be no state or local taxes\nassessed on the intangible personal property, gross receipts or other such money\nor income owned by telephone or telegraph companies, railroads, pipeline\ncompanies, or corporations furnishing water, heat, light and power by means of\nelectricity, gas or steam.\n\nB. On the real estate and tangible personal property of every incorporated\ntelegraph and telephone company owning or operating telegraph or telephone lines\nin Virginia and of railroads, pipeline companies, or corporations furnishing\nwater, heat, light and power by means of electricity, gas or steam, there shall\nbe local levies at the rates prescribed by § 58.1-2606.\n\nC. Notwithstanding the provisions of subsection A, any county, city or town may\nimpose a license tax under § 58.1-3703 upon a corporation owning or\noperating telegraph or telephone lines in Virginia for the privilege of doing\nbusiness therein, which shall not exceed one-half of one percent of the gross\nreceipts of such business accruing to such corporation from such business in\nsuch county, city or town; however, charges for long distance telephone calls\nshall not be considered receipts of business in such county, city or town.\n\nD. Notwithstanding the provisions of subsection A, any county, city or town may\nimpose an excise tax under § 58.1-3818.3 upon a corporation owning or\noperating telegraph or telephone lines in Virginia, at a rate that shall not\nexceed the rate lawfully imposed by § 58.1-3818.3, on such\ncorporation’s gross receipts from sales of video programming or access to\nvideo programming directly to end-user subscribers who are located within such\ncounty, city or town.\n\nHISTORY: Code 1950, \u00a7\u00a7 58-518, 58-523, 58-578, 58-593, 58-596, 58-602, 58-606;\n1968, c. 637; 1972, cc. 813, 858; 1978, c. 784; 1984, c. 675; 1995, c. 751.","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}}