Virginia § 58.1-3508 - Separate classification and exemption from state taxation of machinery, tools and supplies used in harvesting forest products
Full text of Virginia Code of Virginia § 58.1-3508 — Separate classification and exemption from state taxation of machinery, tools and supplies used in harvesting forest products, with citation guidance and answers to common questions.
§ 58.1-3508. Separate classification and exemption from state taxation of machinery, tools and supplies used in harvesting forest products
A. Machinery or tools and repair parts therefor or replacements thereof, used directly in the harvesting of forest products for sale or for use as a component part of a product to be sold, shall constitute a classification for local taxation separate from other such classifications of real or personal property or machinery and tools as defined in § 58.1-3507. The rate of assessment and the rate of tax shall not exceed that applicable generally to machinery and tools.
B. The provisions of this section shall be applicable only to taxpayers liable for payment of forest product taxes under Chapter 16 (§ 58.1-1600 et seq.) of this title.
Code 1950, § 58-838.21; 1972, c. 325; 1984, c. 675.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 58.1-3508
What does Code of Virginia § 58.1-3508 cover?
Section 58.1-3508 ("Separate classification and exemption from state taxation of machinery, tools and supplies used in harvesting forest products") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 58.1-3508?
A common citation format is "Code of Virginia § 58.1-3508" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 58.1-3508 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.