                                 CODE OF VIRGINIA

IMPOSITION OF TAX (§ 58.1-400)

A tax at the rate of six percent is hereby annually imposed on the Virginia
taxable income for each taxable year of every corporation organized under the
laws of the Commonwealth and every foreign corporation having income from
Virginia sources.

HISTORY: Code 1950, §§ 58-151.03, 58-151.031; 1971, Ex. Sess., c. 171; 1972,
cc. 310, 563; 1978, cc. 159, 796; 1981, c. 402; 1984, c. 675.