Tax Type
Corporation Income Tax
Description
Permission to file a combined return
Topic
Returns and Payments
Date Issued
10-17-1986
October 17, 1986
Re: Virginia Code § 58.1-442
Permission to File a Combined Return
Dear ************************
This will reply to your letter of August 8, 1986 requesting permission for the above-referenced taxpayers to file a combined Virginia income tax return for the year ended August 31, 1986 and file an amended return on a combined basis for the year ended August 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.
Based on your representations, permission is hereby granted for the above-referenced taxpayers to file a combined return for the taxable year ended August 31, 1986 and thereafter and to file an amended return on a combined basis for the taxable year ended August 31, 1985. The return should be filed using the name and identification number of the Parent. 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