Code of Virginia - Title 58.1 Taxation - Section 58.1-220 Waiver of time limitation on assessment of omitted or additional state taxes

§ 58.1-220. Waiver of time limitation on assessment of omitted or additional state taxes

Where before the expiration of the time prescribed for the assessment of an omitted or additional state tax, both the Tax Commissioner and the taxpayer have consented in writing to its assessment after such time, the tax may be assessed at any time prior to the expiration of the period agreed upon. The period so agreed upon may be extended by subsequent agreements in writing made before the expiration of the period previously agreed upon.

(Code 1950, § 58-1162.1; 1954, c. 509; 1984, c. 675.)

Sections:  Previous  58.1-206  58.1-207  58.1-208  58.1-209  58.1-210  58.1-211  58.1-212  58.1-213  58.1-214  58.1-215  58.1-216  58.1-217  58.1-218  58.1-219  58.1-220

Last modified: April 3, 2009