It shall be the duty of every manufacturer and severer to keep and preserve records and other such books or accounts as may be necessary to determine the amount of tax for which it is liable, under the provisions of this chapter. Such records shall be organized so that the forest products handled are grouped into classifications that conform to the various tax rates levied by this chapter. Such records and books shall be kept and preserved for a period of three years and shall be open for examination at any time by the Department or its duly authorized agents.
Va. Code Ann. § 58.1-1617
Records to be kept
Known as the Forest Products Tax Act
The act spans §§ 58.1-1600 to 58.1-1622 (22 sections).
Code 1950, § 58-838.10; 1970, c. 770; 1984, c. 675; 2015, c. 170.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.