9 Va. Admin. Code § 20-140-100

Current through Register Vol. 40, No. 22, June 17, 2024

Section 9VAC20-140-100 - Equipment documentation

The purchaser of the recycling machinery and equipment must file Form DWM50-11 with the department, providing at a minimum:

1. The purchaser's name and address;

2. The name and location of the facility in which the machinery and equipment will be used;

3. A description of the machinery and equipment and its intended use in the facility;

4. A statement by the purchaser of the machinery and equipment that would qualify the purchase for tax consideration;

5. The purchase price of the machinery and equipment, i.e., the base amount on which the current value is to be computed for the purpose of the tax exemption; and

6. Documentation of ownership (copies of receipts, vouchers, or paid invoices) appropriate for filing with the local taxing authority.

9 Va. Admin. Code § 20-140-100

Derived from VR672-50-11 § 4.1, eff. October 9, 1991.

Statutory Authority

§§ 10.1-1402, 10.1-1411 and 58.1-3661 of the Code of Virginia.