{"data":{"id":"us-va/va.-code-58.1-2502","jurisdiction":"us-va","citation":"Va. Code § 58.1-2502","heading":"Exemptions and exclusions","body":"Nothing in this chapter shall be construed to require any tax, other than taxes imposed upon property and the license tax imposed by § 38.2-4127:1. Upon fraternal benefit societies as defined in § 38.2-4100.2. Upon any mutual assessment fire insurance company as defined in §§ 38.2-2501 and 38.2-2503 which (i) confines its business to not more than four contiguous counties and cities located therein and wholly surrounded thereby in the Commonwealth, if any such city has a population of not more than 30,000, or (ii) confines its business to more than four contiguous counties in the Commonwealth if such counties together have a population not in excess of 100,000.3. Upon premiums derived from workers' compensation insurance on which a premium tax is imposed under the provisions of § 65.2-1000.4. Upon consideration for contracts for annuities as defined in § 38.2-106.Code 1950, §§ 58-493, 58-494; 1952, c. 190; 1956, c. 527; 1960, c. 452; 1977, c. 248; 1984, c. 675.","path":["Title 58.1. TAXATION","Subtitle II. TAXES ADMINISTERED BY OTHER AGENCIES","Chapter 25. LICENSE TAX ON CERTAIN INSURANCE COMPANIES","Article 1. LEVY"],"source_url":"https://law.lis.virginia.gov/vacode/58.1-2502/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:17:44Z","sha256":"6b5723aa20922fbdf57a51cf6e96f944c4df3d7c98d370ead640343648d17e51","source_id":"us-va","stale":true,"prev":"us-va/va.-code-58.1-2501.1","next":"us-va/va.-code-58.1-2503"},"notice":"GroundRules: Original legal text. Not legal advice."}