                                 CODE OF VIRGINIA

TAXATION OF PASS-THROUGH ENTITIES (§ 58.1-390.2)

Except as provided for in this article, owners of pass-through entities shall be
liable for tax under this chapter only in their separate or individual
capacities on income passed through to the owners of pass-through entities. Any
taxes imposed on the pass-through entity itself, including the tax levied
pursuant to § 58.1-390.3, sales and use taxes, withholding taxes with respect
to employees or nonresident owners, and minimum taxes in lieu of income taxes,
shall be paid by the pass-through entity.

HISTORY: 2004, Sp. Sess. I, c. 3; 2009, cc. 37, 152; 2022, cc. 689, 690.