58.1-2712.2 - Exchange of information; penalties. - Virginia Statutes

§ 58.1-2712.2. Exchange of information; penalties.

A. The Commissioner of the Department is authorized to enter into writtenagreements with (i) duly constituted tax officials and motor vehicle agenciesof other states and countries or provinces of any country that are memberjurisdictions of the International Fuel Tax Agreement and (ii) any entityformed by the member jurisdictions of the International Fuel Tax Agreement toadminister and conduct the business of such Agreement, to permit the exchangeof information in order to facilitate the collection of taxes under suchAgreement.

B. Any person to whom tax information is divulged pursuant to this sectionshall be subject to the prohibitions and penalties prescribed in § 58.1-3.

(2001, c. 84.)