<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>71171</law_id><section_number>58.1-1508</section_number><catch_line>Retention of documents; examination by Commissioner</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="58.1">Taxation</unit><unit label="subtitle" level="2" order_by="1" identifier="I">Taxes Administered by the Department of Taxation</unit><unit label="chapter" level="3" order_by="1" identifier="15">Virginia Aircraft Sales and Use Tax</unit></structure><text>
						<section><p>Any person who sells, leases or charters an <span class="dictionary">aircraft</span> in this Commonwealth shall retain a copy of the invoice and other financial data pertaining to the transaction required by &#xA7;&#xA0;<a class="law" title="Basis of tax; estimate of tax; penalty for misrepresentation" href="/58.1-1503/">58.1-1503</a> for three years following such transaction. Each invoice shall give an accurate description of the <span class="dictionary">aircraft</span> sold, leased or used.</p></section></text><history>Code 1950, &#xA7; 58-685.36; 1974, c. 431; 1984, c. 675.</history><metadata></metadata></law>
