§ 20-61. Excess of bills and accounts receivable over bills and accounts payable exempt from merchants' capital tax.

Latest version.

The county hereby exempts the excess of bills and accounts receivable over bills and accounts payable from merchants' capital taxation, prospectively and hereafter, beginning January 1, 1978.

(Ord. of 11-18-77, § 1)

State Law reference— Authority for above section, Code of Virginia, § 58-833.1.

(Ord. of 11-18-77, § 1)

State law reference

Authority for above section, Code of Virginia, § 58-833.1.

                    
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