For the purpose of compensating a communications services provider holding a certificate of registration under § 58.1-653 for accounting for and remitting the tax levied by this chapter, a communications services provider shall be allowed the following percentages of the first 3% of the tax levied by § 58.1-648 and accounted for in the form of a deduction in submitting his return and paying the amount due by him if the amount due was not delinquent at the time of payment.
Monthly Taxable SalesPercentage
$0 to $62,5004%
$62,501 to $208,0003%
$208,001 and above2%
The discount allowed by this section shall be computed according to the schedule provided, regardless of the number of certificates of registration held by a communications services provider.
2006, c. 780.
Structure Code of Virginia
Chapter 6.2 - Virginia Communications Sales and Use Tax
§ 58.1-646. Administration of chapter
§ 58.1-648. Imposition of sales tax; exemptions
§ 58.1-649. Sourcing rules for communication services
§ 58.1-650. Bundled transaction of communications services
§ 58.1-651. Tax collectible by communication service providers; jurisdiction
§ 58.1-652. Customer remedy procedures for billing errors
§ 58.1-653. Communications services providers' certificates of registration; penalty
§ 58.1-654. Returns by communications services providers; payment to accompany return
§ 58.1-657. Sales presumed subject to tax; exemption certificates; Internet access service providers
§ 58.1-658. Direct payment permits
§ 58.1-659. Collection of tax; penalty
§ 58.1-661. Certain provisions in Chapter 6 of this title to apply, mutatis mutandis