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2015 Code of Virginia
Title 58.1 - Taxation
§ 58.1-411. Average value of property

VA Code § 58.1-411 (2015) What's This?

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.

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

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