                                 CODE OF VIRGINIA

WAIVER OF TIME LIMITATION ON ASSESSMENT OF OMITTED OR ADDITIONAL STATE TAXES (§
58.1-220)

Where before the expiration of the time prescribed for the assessment of an
omitted or additional state tax, both the Tax Commissioner and the taxpayer have
consented in writing to its assessment after such time, the tax may be assessed
at any time prior to the expiration of the period agreed upon. The period so
agreed upon may be extended by subsequent agreements in writing made before the
expiration of the period previously agreed upon.

HISTORY: Code 1950, § 58-1162.1; 1954, c. 509; 1984, c. 675.