§ 13.1-1120. Income and property taxes
All professional limited liability companies organized or qualifying under the provisions of this chapter shall be treated for income tax purposes under the provisions of Chapter 3 (§ 58.1-300 et seq.) of Title 58.1 in the manner determined under § 58.1-301, and property owned by professional limited liability companies shall be taxed in the actual form in which it may exist and not as capital.
(1992, c. 574.)
Sections: Previous 13.1-1109 13.1-1110 13.1-1111 13.1-1112 13.1-1113 13.1-1114 13.1-1115 13.1-1116 13.1-1117 13.1-1118 13.1-1119 13.1-1120 13.1-1121 13.1-1122 13.1-1123 NextLast modified: April 16, 2009