• Date Due: November 15, 2025
  • Author: Department of Taxation
  • Enabling Authority: Appropriation Act - Item 257 E. (Regular Session, 2025)
  • Description:
    Report on the assessment and recommendations of implementing market-based sourcing for sales in the corporate income apportionment formula, and shall assess the administrative feasibility, the impact on major classifications of corporations operating in Virginia, the impact on corporate expansion within and into Virginia, and the projected impact on Virginia's tax revenue as a result of adopting market-based sourcing.