Virginia § 58.1-454 - Department may estimate corporation's tax when no return filed
Full text of Virginia Code of Virginia § 58.1-454 — Department may estimate corporation's tax when no return filed, with citation guidance and answers to common questions.
§ 58.1-454. Department may estimate corporation's tax when no return filed
If any report or return required to be made by any corporation under this chapter is not made as herein required, the Department is authorized to make an estimate of the net income of such corporation and of the amount of tax due under this chapter, from any information in its possession, and to order and state an account according to such estimate for the taxes, penalties and interest due to the Commonwealth from such corporation.
Code 1950, § 58-151.091; 1971, Ex. Sess., c. 171; 1984, c. 675.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 58.1-454
What does Code of Virginia § 58.1-454 cover?
Section 58.1-454 ("Department may estimate corporation's tax when no return filed") 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 § 58.1-454?
A common citation format is "Code of Virginia § 58.1-454" (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 § 58.1-454 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.