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HB1866

Corporate income tax; sourcing of sales other than sales of tangible personal property.

Status:
Killed

Chief Patron:
Joe McNamara (R)

Session:
2025 Regular Session

Summary

As Introduced. Corporate income tax; sourcing of sales other than sales of tangible personal property.

Implements market-based corporate income tax sourcing for attributing sales, other than sales of tangible personal property, to Virginia beginning in taxable year 2026.
  • Bill History

  • 01/06/2025 - House: Prefiled and ordered printed; Offered 01-13-2025 25104097D
  • 01/06/2025 - House: Referred to Committee on Finance
  • 01/22/2025 - House: Impact statement from TAX (HB1866)
  • 01/25/2025 - House: Placed on Finance Agenda
  • 01/31/2025 - House: Tabled in Finance (12-Y 8-N)