58.1-1100 - Intangible personal property; segregated for state taxation. - Virginia Statutes

§ 58.1-1100. Intangible personal property; segregated for state taxation.

Intangible personal property, including capital of a trade or business of anyperson, firm or corporation, except for merchants' capital as defined in §58.1-3510 which shall be subject to local taxation, is hereby segregated forstate taxation only.

(Code 1950, § 58-405; 1981, c. 145; 1982, c. 633; 1983, cc. 552, 555; 1984,cc. 680, 729.)