58.1-2650 - Other provisions of this chapter not affected by this article; taxpayers beginning or going out of business. - Virginia Statutes

§ 58.1-2650. Other provisions of this chapter not affected by this article;taxpayers beginning or going out of business.

Nothing in the preceding sections relative to the payment of estimated taxpayments shall be construed as affecting other provisions of this chapterexcept to the extent required to ensure the collection of estimated taxes. Tothe extent there is inconsistency between a section relating to the paymentof estimated taxes and § 58.1-2629, relating to taxpayers beginning business,those sections relating to the payment of estimated taxes shall control.Moreover, if a taxpayer goes out of business or ceases to be subject to thelicense tax in any taxable or tax year, such an event shall not defeat thepayment of the license tax for the period in which the corporation wassubject to the license tax and received gross receipts.

(Code 1950, § 58-514.9; 1968, c. 15; 1984, c. 675; 1988, c. 899.)