2006 Code of Virginia § 60.2-527 - Tax rate of certain foreign contractors

60.2-527. Tax rate of certain foreign contractors.

A. For each calendar year, the tax rate of each foreign contractor doingbusiness in Virginia shall be the maximum rate allowable by law for threeyears. At the end of the three-year period, such employer shall be eligiblefor the computed rate as provided in 60.2-530.

B. As used in this section, "foreign contractor" means (i) an out-of-state"contractor" as defined in 54.1-1100 or (ii) an out-of-state "highwaycontractor" engaged in the type of contracting activities referred to in 33.1-337, who does not maintain a principal place of business in Virginia asdetermined by the Commission, except that such employer need not be a memberof any highway contractors association. Such determination by the Commissionshall be final and not subject to judicial review.

(1982, c. 200, 60.1-79.1; 1984, c. 468; 1986, c. 480.)