Tax Type
Corporation Income Tax
Description
Permission to file a combined return
Topic
Returns/Payments/Records
Date Issued
10-16-1986
October 16, 1986
Re: Virginia Code § 58.1-442
Permission to File a Combined Return
Dear *****************
This will reply to your letter of October 13, 1986 requesting permission for the above-referenced taxpayers to file a combined return for the year ended December 31, 1985.
You have indicated that the above-referenced taxpayers are members of an affiliated group eligible to file a combined return, but have been filing separate Virginia income tax returns. You further indicate that the above-referenced taxpayers represent all of the members of the affiliated group which are subject to Virginia income tax. You also state that all of the above-referenced taxpayers, except for and *********** have already filed separate company Virginia corporate returns for calendar 1985.
Based on the foregoing representations, permission is hereby granted for the above-referenced taxpayers to file a combined return for the taxable year ended December 31, 1985 and thereafter. Amounts previously paid by or refunded to the taxpayers which have already filed separate company returns for calendar 1985 would, of course, need to be reflected on the combined return to be filed. The return should be filed using the name and identification number of the Designated Lead Affiliate. The combined return is to be filed in accordance with the requirements set forth in the Virginia Corporation Income Tax Regulations §630-3-442 (copy enclosed).
Sincerely,
W. H. Forst
Tax Commissioner
Rulings of the Tax Commissioner