Virginia Decodedhttps://vacode.org6159858.1-1217State banks and national banks treated the same in matter of taxation2025TaxationTaxes Administered by the Department of TaxationBank Franchise Tax

In the event that any state or local tax is held by a court of competent jurisdiction to be invalid in its application to national banks, as a class, such tax shall not thereafter be assessed against state banks.

Code 1950, § 58-485.03; 1980, c. 578; 1984, c. 675.