§ 58.1-808. Sales contracts for the sale of rolling stock or equipment
On every contract or agreement admitted to record relating to the sale of rolling stock or equipment, whether the title is reserved in the vendor or not, with a railroad corporation or other corporation or with a person, firm or company, the tax shall be 25 cents on every $100 or fraction thereof of the amount contracted for in such contract or agreement. When such contract or agreement is with a railroad corporation lying partly within the Commonwealth and partly without the Commonwealth, the tax shall be upon such proportion of the amount contracted for as the number of miles of the line of such railroad corporation in the Commonwealth bears to the whole number of miles of line of such railroad corporation.
(Code 1950, § 58-59; 1984, c. 675; 2004, Sp. Sess. I, c. 3.)Sections: Previous 58.1-802 58.1-802.1 58.1-803 58.1-804 58.1-805 58.1-806 58.1-807 58.1-808 58.1-809 58.1-810 58.1-811 58.1-812 58.1-813 58.1-814 58.1-815 Next
Last modified: April 3, 2009