58.1-2530 - Double taxation respecting same direct gross premium income negated. - Virginia Statutes

§ 58.1-2530. Double taxation respecting same direct gross premium incomenegated.

This chapter shall not be construed as requiring the inclusion in the basefor measuring the tax imposed by this chapter for any year any direct grosspremium income which had been previously included in the base for measuringthe tax imposed by this chapter respecting any license year or part thereof,and the tax paid thereon.

(Code 1950, § 58-502.9; 1968, c. 13; 1984, c. 675.)