2011 Session

Budget Amendments - SB800 (Committee Approved)

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Report on sales tax nexus (language only)

Item 261 #1s

Item 261 #1s

Taxation, Department of

Page 213, following line 31, insert:
"C.  The Department of Taxation shall examine potential statutory changes necessary to establish sales tax nexus for internet retailers who offer goods for sale in the Commonwealth of Virginia and also utilize a warehouse or distribution facility located in the Commonwealth, where some level of common ownership exists between the retailer or its subsidiaries or related companies, and the owner of the warehouse or distribution facility or its subsidiaries or related companies.  The Department shall report its findings to the Chairmen of the House Appropriations and Senate Finance Committees by November 1, 2011."

(This amendment is self-explanatory.)