                                 CODE OF VIRGINIA

TAX RATE OF CERTAIN FOREIGN CONTRACTORS (§ 60.2-527)

A. For each calendar year, the tax rate of each foreign contractor doing
business in Virginia shall be the maximum rate allowable by law for three years.
At the end of the three-year period, such employer shall be eligible for the
computed rate as provided in &#xA7; 60.2-530.

B. As used in this section, &#8220;foreign contractor&#8221; means (i) an
out-of-state &#8220;contractor&#8221; as defined in &#xA7; 54.1-1100 or (ii) an
out-of-state &#8220;highway contractor&#8221; engaged in the type of contracting
activities referred to in &#xA7; 33.2-1106, who does not maintain a principal
place of business in Virginia as determined by the Commission, except that such
employer need not be a member of any highway contractors association. Such
determination by the Commission shall be final and not subject to judicial
review.

HISTORY: 1982, c. 200, § 60.1-79.1; 1984, c. 468; 1986, c. 480.