58.1-1405 - Time for payment of tax. - Virginia Statutes

§ 58.1-1405. Time for payment of tax.

A. Except as provided in paragraph B of this section, the tax levied pursuantto this chapter shall be paid by the purchaser or user of such watercraft andcollected by the Tax Commissioner at the time the owner is required to applyto the Department of Game and Inland Fisheries for a title. Except asotherwise provided in § 58.1-1404, no title shall be issued unless theapplicant for title shows to the satisfaction of the Department of Game andInland Fisheries that such tax has been paid.

B. The tax on the gross receipts from the lease or charter of watercraftshall be paid by the registered dealer collecting such receipts to theCommissioner on or before the twentieth day of each month following the monthin which such receipts were collected.

(Code 1950, §§ 58-685.44, 58-685.46; 1981, c. 405; 1984, c. 675; 1997, c.877.)