§ 58.1-3733. License tax on commission merchants
Any person engaged in the business of selling merchandise on commission by sample, circular, or catalogue for a regularly established retailer, who has no stock or inventory under his control other than floor samples held for demonstration or sale and owned by the principal retailer, shall be classified as a commission merchant and taxed only on commission income as provided for in category A 4 of § 58.1-3706. Such person engaged in such business shall not be subject to tax on total gross receipts from such sales.
(Code 1950, § 58-266.1; 1950, p. 155; 1956, c. 242; 1964, c. 424; 1968, c. 619; 1970, cc. 231, 547; 1974, cc. 196, 438; 1975, cc. 23, 621; 1976, cc. 521, 719; 1977, c. 320; 1978, cc. 772, 799, 817; 1979, c. 565, 568, 570; 1980, cc. 318, 736; 1981, cc. 419, 636; 1982, cc. 348, 548, 552, 554, 558, 633; 1983, c. 554; 1984, cc. 247, 675, 695.)
Sections: Previous 58.1-3727 58.1-3728 58.1-3729 58.1-3730 58.1-3730.1 58.1-3731 58.1-3732 58.1-3732.1 58.1-3732.2 58.1-3732.3 58.1-3732.4 58.1-3733 58.1-3734 58.1-3734.1 58.1-3735 NextLast modified: April 16, 2009