GroundRules
Va. Code § 58.1-934: Purpose
Where this section sits in the code
- Title 58.1. TAXATION
- Subtitle I. TAXES ADMINISTERED BY THE DEPARTMENT OF TAXATION
- Chapter 9. VIRGINIA ESTATE TAX
- Article 4. RECAPTURE TAX ON CERTAIN USE-VALUATIONS
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.
Collected 2026-09-04T15:17:44Z. Source file · JSON