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1998 SESSION
SB 519 Income tax; credits for income tax paid to other states.
Introduced by: Stanley C. Walker | all patrons ... notes | add to my profiles
SUMMARY:
Credits for income tax paid to other states. Provides an income tax credit to Virginia residents for income taxes paid to another state on income derived from sources outside the Commonwealth, regardless of the character of the income. Currently, such a credit is allowed only for income tax paid to another state on earned or business income or gains on the sale of a primary residence in certain circumstances.
FULL TEXT
HISTORY
- 01/26/98 Senate: Presented & ordered printed 984913753
- 01/26/98 Senate: Referred to Committee on Finance
- 02/25/98 Senate: Left in Finance