De minimis exception

Va. Code Ann. § 58.1-399.6
in effect
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The Department may establish a de minimis tax liability amount. If a partner or partnership has a tax liability less than such amount, the Department may exempt such partner or partnership from the reporting and payment requirements of this article. 2020, c. 1030 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/58.1-399.6/Fetched: 10/16/2026

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