58.1-1506 - Time for payment of tax. - Virginia Statutes

§ 58.1-1506. Time for payment of tax.

A. Except as provided in subsection B, the tax on the sale or use of anaircraft required to be licensed by this Commonwealth shall be paid by thepurchaser or user of such aircraft and collected by the Commissioner prior tothe time the owner applies to the Department of Aviation for, and obtains, alicense therefor.

B. The tax on the gross receipts from each aircraft licensed for commercialuse shall be paid by the dealer to the Commissioner on or before thetwentieth day of each month.

(Code 1950, §§ 58-685.30, 58-685.32; 1974, c. 431; 1975, c. 424; 1977, c.396; 1980, c. 109; 1984, cc. 370, 675.)