Code of Virginia - Title 58.1 Taxation - Section 58.1-2647 Where declarations filed and how payments made; refunding overpayments

§ 58.1-2647. Where declarations filed and how payments made; refunding overpayments

A. Every taxpayer required to file a declaration and make payment of the estimated tax shall file and pay the same with the Commission. All such payments shall be deposited by the Commission into the state treasury.

B. If any taxpayer overestimates and overpays estimated tax, the Commission shall order a refund of the amount of the overpayment to the taxpayer. The overpayment shall be refunded out of the state treasury on the order of the Commission upon the Comptroller. The Commission may act under this subsection within two years from December 31 of the year in which such overpayment was made.

(Code 1950, § 58-514.7; 1968, c. 15; 1984, c. 675; 1988, c. 899.)

Sections:  Previous  58.1-2640  58.1-2641  58.1-2642  58.1-2643  58.1-2644  58.1-2645  58.1-2646  58.1-2647  58.1-2648  58.1-2649  58.1-2650  58.1-2651  58.1-2652  58.1-2653  58.1-2654  Next

Last modified: April 3, 2009