58.1-933 - Notice of disposition or change in use of property. - Virginia Statutes

§ 58.1-933. Notice of disposition or change in use of property.

Any qualified heir is required to notify the Commissioner, on a formprescribed by the Commissioner, of any disposition or change in use of theproperty and pay any additional Virginia estate tax resulting from suchdisposition or change, within six months of such disposition or change.Notwithstanding any other provision of law prescribing limitations, any taximposed under § 58.1-931 may be assessed until the expiration of three yearsfrom the date of such notification.

(Code 1950, § 58-238.38; 1981, c. 399; 1984, c. 675.)