§ 58.1-934. Purpose
The purpose of this article is to recapture the excess of the estate tax liability which would have been incurred had the special use valuation procedure not been used; in other words, the maximum additional recapture tax is the amount that the special valuation has saved the estate.
(Code 1950, § 58-238.38; 1981, c. 399; 1984, c. 675.)
Sections: Previous 58.1-924 58.1-925 58.1-926 58.1-927 58.1-928 58.1-929 58.1-930 58.1-931 58.1-932 58.1-933 58.1-934 58.1-935 58.1-936 58.1-937 58.1-938 NextLast modified: April 3, 2009