{"data":{"id":"us-va/va.-code-58.1-394.2","jurisdiction":"us-va","citation":"Va. Code § 58.1-394.2","heading":"Fraudulent returns, etc., of pass-through entities; penalty","body":"A. Any officer or owner of any pass-through entity who makes a fraudulent return or statement with the intent of assisting or facilitating the evasion of the payment of the taxes prescribed by this chapter by the pass-through entity or an owner shall be liable for a penalty of not more than $1,000, to be assessed and collected in the manner provided for the assessment and collection of taxes under this chapter or in a civil action, at the instance of the Department.B. In addition to other penalties provided by law, any officer or owner of a pass-through entity who makes a fraudulent return or statement with the intent of assisting or facilitating the evasion of the payment of the taxes prescribed by this chapter by the pass-through entity or an owner, or who willfully fails or refuses to make a return required by this chapter at the time or times required by law shall be guilty of a Class 1 misdemeanor. A prosecution under this section shall be commenced within five years next after the commission of the offense.2004, Sp. Sess. I, c. 3.","path":["Title 58.1. TAXATION","Subtitle I. TAXES ADMINISTERED BY THE DEPARTMENT OF TAXATION","Chapter 3. INCOME TAX","Article 9. TAXATION OF PARTNERSHIPS"],"source_url":"https://law.lis.virginia.gov/vacode/58.1-394.2/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:17:44Z","sha256":"1776b1d50f83be5ca2eed0610645576c79337b78e52af48c25b451b476986c90","source_id":"us-va","stale":true,"prev":"us-va/va.-code-58.1-394.1","next":"us-va/va.-code-58.1-394.3"},"notice":"GroundRules: Original legal text. Not legal advice."}