§ 58.1-463. Other methods of withholding
The Tax Commissioner may grant permission to employers who do not desire to use the withholding tax tables provided in accordance with § 58.1-462, to determine the amount of tax to be withheld by use of a method of withholding other than withholding tax tables, provided such method will withhold from each employee substantially the same amount of tax as would be withheld by use of the withholding tax tables. Employers who desire to determine the amount of tax to be withheld by a method other than by use of the withholding tax tables shall obtain permission from the Tax Commissioner before the beginning of a payroll period for which the employer desires to withhold the tax by such other method. Applications to use such other method must be accompanied by evidence establishing the need for the use of such method.
(Code 1950, § 58-151.4; 1962, c. 612; 1984, c. 675.)
Sections: Previous 58.1-452 58.1-453 58.1-454 58.1-455 58.1-460 58.1-461 58.1-462 58.1-463 58.1-464 58.1-465 58.1-466 58.1-467 58.1-468 58.1-469 58.1-470 NextLast modified: April 16, 2009