Code of Virginia (Last Updated:July 28, 2020) |
TITLE 58.1. Taxation |
SUBTITLE I. Taxes Administered By the Department of Taxation |
CHAPTER 3. Income Tax |
ARTICLE 14. Accounting, Returns, Procedures for Corporations |
SECTION 58.1-451. Fraudulent returns, etc., of corporations; penalty |
Any officer of any corporation who makes a fraudulent return or statement with intent to evade the payment of the taxes prescribed by this chapter shall be liable to a penalty of not more than $1,000, to be assessed and collected in the manner prescribed in § 58.1-450 . Code 1950, § 58-151.088; 1971, Ex. Sess., c. 171; 1984, c. 675. |