Virginia Requirement for Withholding Tax by Pass-Through Entities

By and on October 23, 2009

As seen in Virginia Lawyers Magazine, October , 2009 Virginia requirement for withholding tax by pass-through entities In 2007, the Virginia General Assembly added § 58.1-486.2 to the Code of Virginia (the “Code”) to require pass-through entities (e.g., S corporations, partnerships, LLCs) doing business in Virginia to “pay a withholding tax.” The statute is somewhat bipolar in […]

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Virginia Commercial Lending Law

By on August 23, 2009

VIRGINIA COMMERCIAL LENDING LAW   A Guide for Commercial Lenders and Businesses         Wilson R. Trice, Director ThompsonMcMullan, P.C. Richmond, Virginia TABLE OF CONTENTS BASIC LEGAL STRUCTURE General Law The Virginia Court System Required Qualifications to Do Business – Foreign (Non-Virginia) Business Entities Licensing Requirements Taxation Virginia Contract Law Virginia Promissory Notes […]

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“The Elephant in the Crime Lab”

On June 23, 2009

By Sheila Berry, Paralegal at ThompsonMcMullan and Larry Ytuarte, Ph.D.             In less than a generation, breakthroughs and innovations in research and development have turned the stuff of science fiction into fact. Computers, the internet, cell phones and their various combinations have changed our lives in ways unimaginable just twenty years ago. The use of science to answer […]

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Residence and Domicile in Virginia

On November 30, 2008

Insight An individual may be subject to Virginia resident income tax even though he or she resides outside of Virginia if the individual has established, and has not abandoned, a Virginia domicile. Analysis An individual who is a resident of Virginia is subject to Virginia income tax on his or her entire income, whether generated […]

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