58.1-2610 - Penalty for failure to file timely report. - Virginia Statutes

§ 58.1-2610. Penalty for failure to file timely report.

Any person failing to make a report required under the provisions of thischapter within the time prescribed shall be liable to a penalty of $100 foreach day such taxpayer is late in making such report. The State CorporationCommission or Tax Commissioner, as the case may be, may waive all or a partof such penalty for good cause.

(Code 1950, §§ 58-514, 58-539, 58-625; 1978, c. 784; 1983, c. 570; 1984, c.675; 1999, c. 971.)