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1997 SESSION

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HB 1285 Taxable income of nonresidents in an S corporation.

Introduced by: Robert F. McDonnell | all patrons    ...    notes | add to my profiles

SUMMARY:

Virginia taxable income of nonresidents. Allocates to nonresident individuals, partners, beneficiaries and certain shareholders their share of the taxable income of the entity, and any net operating loss of the entity, in calculating their Virginia taxable income.


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