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1996 SESSION

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HB 1536 Income tax, state; credit paid to another state from lottery prizes.

Introduced by: George W. Grayson | all patrons    ...    notes | add to my profiles

SUMMARY:

Credits for taxes paid to another state. Defines lottery prizes from tickets purchased in another state exceeding 50 percent of a Virginia resident's adjusted gross income as earned or business income and eligible for a credit, provided the Virginia resident has become liable to another state for income tax on such prizes.


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