State Codes and Statutes
Statutes > Virginia > Title-58-1 > Chapter-18 > 58-1-1816§ 58.1-1816. Conversion of trust taxes; penalty; limitation of prosecutions.
Any corporate or partnership officer as defined in § 58.1-1813, or any otherperson owning and operating a business, or a fiduciary operating orliquidating a business, who through two or more acts or omissions within aperiod of ninety days willfully fails to truthfully account for any statesales use or withholding tax totaling $1,000 or more collected from otherswith the intent not to pay over, shall, in addition to any other penaltiesprovided by law, be guilty of a Class 6 felony. A prosecution under thissection shall be commenced within five years next after the commission of theoffense.
(1992, c. 763.)
