New Tax Reporting Requirement for Certain Virginia Corporations

Unitary Business Reporting Requirement: Details, Deadlines, and Penalties Summary As a result of Virginia General Assembly action, corporations that are members of a unitary business are required to file a report on certain unitary tax information by July 1, 2021. Failure to file these pro forma reports will subject the corporate taxpayer to substantial penalties. … Continue reading New Tax Reporting Requirement for Certain Virginia Corporations