Annual Survey of Virginia Law: Taxation

In an effort to coordinate Virginia\u27s income tax with the federal income tax as amended by the federal Tax Reform Act of 1986, the Virginia General Assembly passed several bills amending the individual and corporate income tax provisions of title 58.1 of the Code of Virginia (the Code ). In addition, the General Assembly enacted several miscellaneous bills, the most important of which covered changes to the sales and use tax and the real estate and recordation taxes