Va. Code § 58.1-443

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

Section 58.1-443 - Prohibition of worldwide consolidation or combination

Notwithstanding any other provisions of this chapter, the Department shall not require, and no corporation may elect, that a consolidation or combination of an affiliated group include any controlled foreign corporation, the income of which is derived from sources without the United States.

Va. Code § 58.1-443

Code 1950, § 58-151.079:1; 1981, c. 402; 1984, c. 675.

Amended by Acts 1984, c. 675.

Amended by Acts 1981, c. 402.