§ 20-113. Returns, schedules, etc., to be filed.

(a)

On or after the first day of January of each year, but not later than March first of any such year, all banks whose principal offices are located within this county, but outside any incorporated town, shall prepare and file with the commissioner of the revenue a return, as provided by section 58-485.013 of the Code of Virginia, in duplicate, which shall set forth the tax on net capital computed pursuant to chapter 10.01 of title 58 of the Code of Virginia. The commissioner of the revenue shall certify a copy of such filing of the bank's return and schedule and shall forthwith transmit such certified copy to the state department of taxation.

(b)

In the event that the principal office of a bank is located outside the corporate boundaries of this county and such bank has branch offices located within this county, in addition to the filing requirements set forth in subsection (a) above, any bank conducting such branch business shall file with the commissioner of the revenue a copy of the real estate deduction schedule, apportionment and other items which are required by sections 58-485.012, 58-485.013 and 58-485.014 of the Code of Virginia.

(Ord. of 5-19-80, § III)

(Ord. of 5-19-80, § III)