Va. Code § 58.1-411

Current with changes from the 2024 legislative session through ch. 845

Section 58.1-411 - Average value of property

The average value of property shall be determined by averaging the value at the beginning and ending of the taxable year, but the Department may require the averaging of monthly values during the taxable year if reasonably required to reflect properly the average value of the corporation's property.

Va. Code § 58.1-411

Code 1950, § 58-151.044; 1971, Ex. Sess., c. 171; 1984, c. 675.

Amended by Acts 1984, c. 675.

Amended by Acts 1971, § Ex. Sess., c. 171.