                                 CODE OF VIRGINIA

TAX UPON ESTATES OF ALIEN DECEDENTS (§ 58.1-904)

A. A tax in an amount computed as provided in this section is imposed upon the
transfer of real property and tangible personal property having an actual situs
in the Commonwealth of Virginia and upon intangible personal property physically
present within the Commonwealth of every person who at the time of death was not
a resident of the United States.
			The tax shall be an amount computed by multiplying the federal credit by a
fraction, the numerator of which is the value of that part of the gross estate
over which Virginia has jurisdiction for estate tax purposes and the denominator
of which is the decedent&#8217;s gross estate taxable by the United States
wherever situated.

B. Resident aliens of the United States shall be subject to the tax imposed by
this chapter under &#xA7; 58.1-903 when the decedent, at the time of death, was
not a resident of Virginia but was a resident of the United States. A resident
alien who, at the time of death, was a resident of Virginia and a resident of
the United States shall be subject to the tax imposed by this chapter under
&#xA7; 58.1-902.

C. For purposes of this section, stock in a corporation organized under the laws
of the Commonwealth shall be deemed physically present within the Commonwealth.

HISTORY: Code 1950, § 58-238.5; 1978, c. 838; 1984, c. 675.