Virginia Decodedhttps://vacode.org8660558.1-1100Intangible personal property; segregated for state taxation202558.1-110258.1-110358.1-110458.1-110558.1-3500TaxationTaxes Administered by the Department of TaxationIntangible Personal Property Tax

Intangible personal property, including capital of a trade or business of any person, firm or corporation, except for merchants’ capital as defined in § 58.1-3510 which shall be subject to local taxation, is hereby segregated for state taxation only.

Code 1950, § 58-405; 1981, c. 145; 1982, c. 633; 1983, cc. 552, 555; 1984, cc. 680, 729.