The Corporation shall be performing an essential governmental function in the exercise of the powers conferred upon it by this article. Accordingly, the Corporation shall not be required to pay any taxes or assessments upon any project or any property or upon any operations of the Corporation or the income therefrom. Agents, lessees, sublessees, or users of tangible personal property owned by or leased to the Corporation also shall not be required to pay any sales or use tax upon such property or the revenue derived therefrom.
2016, c. 749.
Structure Code of Virginia
Title 2.2 - Administration of Government
Chapter 27 - Foundations and Other Collegial Bodies
§ 2.2-2712. Debt Capacity Advisory Committee; membership; terms; chairman; compensation; staff
§ 2.2-2713. Powers and duties of the Committee
§ 2.2-2714. Estimated amount of prudent tax-supported debt; affordability considerations
§ 2.2-2715. Veterans Services Foundation; purpose; report; membership; terms; compensation; staff
§ 2.2-2715.1. Executive Director
§ 2.2-2716. Authority of board of trustees
§ 2.2-2717. Form of accounts and records; audit
§ 2.2-2718. Veterans Services Fund
§ 2.2-2719. Gifts and bequests; exemption from taxation
§ 2.2-2720. The Center for Rural Virginia; purpose
§ 2.2-2722. Compensation; expenses
§ 2.2-2723. Powers and duties of the Board of Trustees and the Center
§ 2.2-2734. Southwest Virginia Cultural Heritage Foundation established; purpose
§ 2.2-2735. Membership; qualifications; terms; vacancies; officers; compensation
§ 2.2-2736. Powers and duties of the Foundation
§ 2.2-2738. Virginia International Trade Corporation; purpose; membership; meetings
§ 2.2-2739. Appointment of Chief Executive Officer
§ 2.2-2740. Powers and duties of the Corporation
§ 2.2-2741. Grants from the Commonwealth
§ 2.2-2742. Exemption from taxation
§ 2.2-2743. Exemptions from personnel and procurement procedures