§ 74-64. Filing of return and payment of tax.

(a)

On or after January 1 of each year, but not later than March 1 of any such year, all banks whose principal offices are located within this county but outside any incorporated town in the county shall prepare and file with the commissioner of the revenue a return, as provided by Code of Virginia, § 58.1-1207, in duplicate which shall set forth the tax on net capital computed pursuant to chapter 12 of title 58.1 of the Code of Virginia (Code of Virginia, § 58.1-1200 et seq.). The commissioner of the revenue shall certify a copy of the bank's return and schedules and shall forthwith transmit such certified copy to the state department of taxation.

(b)

If the principal office of a bank is located outside the boundaries of this county or within any town located in the county and such bank has branch offices located within this county, in addition to the filing requirements set forth in subsection (a) of this section, any bank conducting such branch business shall file with the commissioner of the revenue of this county a copy of the real estate deduction schedule, apportionment and other items which are required by Code of Virginia, §§ 58.1-1207, 58.1-1211 and 58.1-1212.

(c)

Each bank, on or before June 1 of each year, shall pay into the treasurer's office of this county all taxes imposed pursuant to this article.

(Code 1988, § 13-39)

State Law reference— Similar provisions, Code of Virginia, § 58.1-1207.

(Code 1988, § 13-39)

State law reference

Similar provisions, Code of Virginia, § 58.1-1207.