2015 Code of Virginia
Title 58.1 - Taxation
§ 58.1-2631. Gross receipts in cases of consolidation or merger
Whenever there is a consolidation or merger of corporations taxable under § 58.1-2626 or taxable under Article 6 (§ 58.1-2660 et seq.) of this chapter, liability for the taxes shall attach to the corporation thus formed and the gross receipts which shall be used for measuring the license tax or special regulatory revenue tax of the corporation thus formed shall include the gross receipts of the corporations which were consolidated or merged.
Code 1950, § 58-507; 1984, c. 675; 1988, c. 899; 2002, c. 502.
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