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2025 Code of Virginia
Title 58.1 - Taxation
Chapter 35 - Tangible Personal Property, Machinery and Tools and Merchants' Capital
Article 1. Tangible Personal Property Tax
- § 58.1-3500. Defined and segregated for local taxation
- § 58.1-3501. Tangible personal property leased to agency of federal, state or local government
- § 58.1-3502. Tangible personal property leased, loaned, or otherwise made available to a private party from agency of federal, state or local government
- § 58.1-3503. General classification of tangible personal property
- § 58.1-3504. Classification of certain household goods and personal effects for taxation; governing body may exempt
- § 58.1-3505. Classification of farm animals, certain grains, agricultural products, farm machinery, farm implements and equipment; governing body may exempt
- § 58.1-3506. Other classifications of tangible personal property for taxation
Article 1.01. Alternative Tax Rates for Elderly Individuals and Individuals with Disabilities
- § 58.1-3506.1. Other classification for taxation of certain tangible personal property owned by certain elderly individuals and individuals with disabilities
- § 58.1-3506.2. Restrictions and conditions
- § 58.1-3506.3. Permanently and totally disabled defined
- § 58.1-3506.4. Local restrictions and conditions; model ordinance
- § 58.1-3506.5. Application
- § 58.1-3506.6. Notice of local tangible personal property tax relief program for elderly individuals and individuals with disabilities
- § 58.1-3506.7. Effective date; change in circumstances
- § 58.1-3506.8. Repealed
Article 2. Machinery and Tools Tax
- § 58.1-3507. Certain machinery and tools segregated for local taxation only; notice prior to change in valuation, hearing
- § 58.1-3508. Separate classification and exemption from state taxation of machinery, tools and supplies used in harvesting forest products
- § 58.1-3508.1. Separate classification of machinery and tools used in semiconductor manufacturing
- § 58.1-3508.2. Separate classification of machinery and tools used in other businesses
- § 58.1-3508.3. Separate classification of machinery and tools used directly in precision investment castings
- § 58.1-3508.4. Separate classification of machinery and tools used in manufacturing or processing materials, components, or equipment for national defense
- § 58.1-3508.5. Separate classification of machinery and tools used directly in cleaning motor vehicles
- § 58.1-3508.6. Separate classification of machinery and tools used directly in producing or generating renewable energy
Article 3. Merchants' Capital Tax
- § 58.1-3509. Merchants' capital subject to local taxation; rate limit
- § 58.1-3510. Definition of merchants' capital
- § 58.1-3510.01. Separate classification of merchants' capital of pharmaceutical wholesalers
- § 58.1-3510.02. Separate classification of certain merchants' capital of wholesalers and retailers
- § 58.1-3510.1. Repealed
Article 3.1. Short-Term Rental Property
- § 58.1-3510.4. Short-term rental property; short-term rental businesses
- § 58.1-3510.5. Renter's certificate of registration
- § 58.1-3510.6. Short-term rental property tax
- § 58.1-3510.7. Exemptions; penalties
Article 4. Situs for Taxation
- § 58.1-3511. Situs for assessment; nonresident exception; refund of tax paid to city or county; apportioned assessment
- § 58.1-3512. When vessels and containers used in interstate and foreign commerce not deemed to have acquired a situs for taxation
- § 58.1-3513. When imports deemed to acquire situs
- § 58.1-3514. When cargo in transit not deemed to have acquired a situs for taxation
Article 5. Tax Day/Filing of Returns
- § 58.1-3515. Tax day January 1
- § 58.1-3516. Proration of personal property tax
- § 58.1-3516.1. Payment of taxes prorated under ยง 58.1-3516
- § 58.1-3516.2. Payment of taxes on leased property by lessee; information to be furnished by lessor
- § 58.1-3517. Department of Taxation to prescribe and furnish forms of returns; use of local forms
- § 58.1-3518. Taxpayers to file returns
- § 58.1-3518.1. Alternative method of filing returns for motor vehicles, trailers and boats
- § 58.1-3519. Commissioner to assess property if taxpayer fails to file return
Article 6. Special Provisions for Mobile Homes
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