This report recommends substantial changes in the laws of Virginia which govern tax procedures. Particularly affected are the procedures for obtaining relief from erroneous assessments, and the requirements on the Department of Taxation in the issuance of rulings and the promulgation of regulations.

The subcommittee's study is a result of extensive work done by the State Law Revision Task Force, which was formed in 1977 as a joint project of the committees on taxation of the Virginia Bar Association, the Virginia State Bar, and the Virginia Society of Certified Public Accountants.

Their report, covering various aspects of administrative correction and refund procedures, court correction and refund procedures, regulations, levy and collection of taxes, and .penalties, was published in December of 1978, too late for serious consideration by the 1979 Session of the General Assembly. In order that a proposal might be prepared for the 1980 Session, House Joint Resolution No. 342 was introduced and passed both houses.