No county, city or town shall impose a license tax on wholesale merchants at an aggregate rate in excess of 5 cent(s) per $100 of purchases except in those counties, cities or towns where the local rate in effect on January 1, 1964 was in excess of such rate, in which case such localities are hereby prohibited from increasing such rate as in effect on January 1, 1964.
Va. Code Ann. § 58.1-3716
Wholesale merchants
Applied in 1 court decision — leading case Dearing Beverage Co. v. City of Winchester (1994)
Most recently applied in Dearing Beverage Co. v. City of Winchester (March 1994)
Code 1950, § 58-441.49; 1966, c. 151; 1982, c. 555; 1984, cc. 675, 695.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.