                                 CODE OF VIRGINIA

COLLECTION OF TIRE RECYCLING FEE; DEDUCTIONS; EXEMPTIONS (§ 58.1-642)

A. The tire recycling fee levied under this chapter shall be collected by the
Tax Commissioner in the same manner as is the retail sales and use tax, pursuant
to Chapter 6 (&#xA7; 58.1-600 et seq.) of this title.

B. The fee imposed under § 58.1-641 shall not apply to new tires for:

   1. Any device moved exclusively by human power;

   2. Any device used exclusively upon stationary rails or tracks; or

   3. Any device used exclusively for farming purposes, except a farm truck.

C. For the purpose of compensating a retailer of tires for accounting for and
remitting the fee levied by this chapter, such retailer shall be allowed five
percent of the amount of fee due and accounted for in the form of a deduction in
submitting his return and paying the amount due by him if the amount due was not
delinquent at the time of payment.

HISTORY: 1989, c. 630; 2003, c. 101.