{"data":{"id":"us-va/va.-code-58.1-2520","jurisdiction":"us-va","citation":"Va. Code § 58.1-2520","heading":"Requirement of declaration","body":"A. Every insurance company and nonstock corporation licensed pursuant to Chapters 42 and 45 of Title 38.2 subject to the state license tax imposed by § 58.1-2501 shall make a declaration of estimated tax if the tax imposed by this chapter, for the license year, measured by direct gross premium income, can reasonably be expected to exceed $3,000.Such declaration shall contain such pertinent information as the Department may by forms or guidelines prescribe.B. Any such insurance company or nonstock corporation with a taxable year of less than 12 months shall make a declaration in accordance with guidelines prescribed by the Department.Code 1950, § 58-502.2; 1968, c. 13; 1978, c. 4; 1984, c. 675; 1987, cc. 565, 655; 2011, c. 850.","path":["Title 58.1. TAXATION","Subtitle II. TAXES ADMINISTERED BY OTHER AGENCIES","Chapter 25. LICENSE TAX ON CERTAIN INSURANCE COMPANIES","Article 2. ESTIMATED TAX"],"source_url":"https://law.lis.virginia.gov/vacode/58.1-2520/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:17:44Z","sha256":"429a75db51856250da0cfed010b1d216b312b9ff795a9899500702d1ad467d8d","source_id":"us-va","stale":true,"prev":"us-va/va.-code-58.1-2511","next":"us-va/va.-code-58.1-2521"},"notice":"GroundRules: Original legal text. Not legal advice."}