Virginia Statutes

§ 58.1-443 — Prohibition of worldwide consolidation or combination

Virginia § 58.1-443
JurisdictionVirginia
Title 58.1TAXATION
Subtitle ITAXES ADMINISTERED BY THE DEPARTMENT OF TAXATION
Ch. 3INCOME TAX
Art. 14ACCOUNTING, RETURNS, PROCEDURES FOR CORPORATIONS

This text of Virginia § 58.1-443 (Prohibition of worldwide consolidation or combination) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 58.1-443 (2026).

Text

Notwithstanding any other provisions of this chapter, the Department shall not require, and no corporation may elect, that a consolidation or combination of an affiliated group include any controlled foreign corporation, the income of which is derived from sources without the United States.

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Legislative History

Code 1950, § 58-151.079:1; 1981, c. 402; 1984, c. 675.

Nearby Sections

15
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Bluebook (online)
Virginia § 58.1-443, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/58.1/58.1-443.