23 Va. Admin. Code § 10-210-385
Current through Register Vol. 41, No. 6, November 4, 2024
It is possible that an item of tangible personal property may be used in both a taxable and exempt manner. In such cases, the sales and use tax base should be computed by multiplying the sales price or cost price, whichever is applicable, of the item by the percentage of time that the item is used in a taxable manner.
23 Va. Admin. Code § 10-210-385
Statutory Authority
§§ 58.1-203 and 58.1-609.3(3) of the Code of Virginia.