§ 60.2-519. Interest on past-due taxes
Taxes unpaid on the date on which they are due and payable, as prescribed by the Commission pursuant to § 60.2-511, shall bear interest at the rate of one and one-half percent per month from and after such date until payment plus accrued interest is received by the Commission. Interest collected pursuant to this article shall be paid into the Special Unemployment Compensation Administration Fund continued by § 60.2-314.
(Code 1950, § 60-77; 1968, c. 738, § 60.1-92; 1982, c. 363; 1986, c. 480.)
Sections: Previous 60.2-512 60.2-513 60.2-514 60.2-515 60.2-516 60.2-517 60.2-518 60.2-519 60.2-519.1 60.2-519.2 60.2-520 60.2-521 60.2-522 60.2-523 60.2-524 NextLast modified: April 16, 2009