                                 CODE OF VIRGINIA

WHEN IMPORTS DEEMED TO ACQUIRE SITUS (§ 58.1-3513)

Goods imported in foreign commerce shall not acquire a situs for property
taxation in the Commonwealth or any county, city or town thereof until they lose
their status as imports. Such goods shall be deemed to lose their status as
imports when the original package or container in which they were imported is
broken, or if such goods are not packaged, when such property has reached its
second place of rest or storage after being unloaded from the airplane, vehicle
or vessel in which it was imported, after initial sale, or after such goods have
been committed by the importer to current operational needs.

HISTORY: Code 1950, § 58-834.2; 1976, c. 716; 1984, c. 675.