58.1-3715 - License requirements for contractors. - Virginia Statutes

§ 58.1-3715. License requirements for contractors.

A. When a contractor has paid any local license tax required by the county,city or town in which his principal office and any branch office or officesmay be located, no further license or license tax shall be required by anyother county, city or town for conducting any such business within theconfines of this Commonwealth. However, when the amount of business done byany such contractor in any other county, city or town exceeds the sum of$25,000 in any year, such other county, city or town may require of suchcontractor a local license, and the amount of business done in such othercounty, city or town in which a license tax is paid may be deducted by thecontractor from the gross revenue reported to the county, city or town inwhich the principal office or any branch office of the contractor is located.

B. Any contractor, as defined in § 58.1-3714 D, conducting business in acounty, city or town for less than thirty days without a definite place ofbusiness in any county, city or town of the Commonwealth shall be subject tothe license fee or license tax imposed on contractors by any county, city ortown, where the amount of business done by the contractor in such county,city or town exceeds or will exceed the sum of $25,000 for the license year.

That portion of the gross receipts of a contractor subject to the license taxpursuant to this subsection shall not be subject to such tax in any othercounty, city or town.

(Code 1950, § 58-299; 1952, c. 528; 1982, c. 633; 1984, c. 675; 1999, c. 203.)