State Codes and Statutes
Statutes > Virginia > Title-58-1 > Chapter-9 > 58-1-938§ 58.1-938. Amended return; additional tax.
If, after the filing of a duplicate federal generation skipping tax return,the federal authorities increase or decrease the amount of the federalgeneration skipping transfer tax, an amended return shall be filed with theDepartment showing all changes made in the original return and the amount ofincrease or decrease in the federal generation skipping transfer tax.
If, based upon such deficiency and the ground therefor, it appears that theamount of tax previously paid is less than the amount of tax owing, thedifference together with interest, as computed under § 58.1-15, shall be paidupon notice and demand by the Department. In the event that the personrequired to file a return and pay such tax fails to file the return requiredby this section, any additional tax which is owing may be assessed, or aproceeding in court for such tax may be begun without assessment, at any timeprior to the filing of such return or within thirty days after the delinquentfiling of such return, notwithstanding any other provision of law.
(Code 1950, § 58-238.37; 1979, c. 559; 1984, c. 675.)
