3.2-2007 - Collection and disposition of tax; reports.
§ 3.2-2007. Collection and disposition of tax; reports.
A. Every processor shall collect the tax on all slaughter hogs purchased byhim, other than at a livestock auction market, and remit such tax to the TaxCommissioner to the credit of the Virginia Pork Industry Fund.
B. Every livestock auction market shall collect the tax on all slaughter hogsand feeder pigs bought at a livestock auction market and remit it to the TaxCommissioner to the credit of the Virginia Pork Industry Fund.
C. Every first buyer shall collect the tax on other feeder pig sales andremit it to the Tax Commissioner to the credit of the Virginia Pork IndustryFund.
D. Taxes collected between July 1 and December 31 of each year shall be paidto the Tax Commissioner not later than January 15 of the succeeding year, andtaxes collected between January 1 and June 30 shall be paid not later thanJuly 10 of the year in which collected.
E. Every processor, livestock auction market, and other first buyers offeeder pigs shall complete reports on forms furnished by the TaxCommissioner, submit such reports to the Tax Commissioner together with thetaxes submitted pursuant to this section, and keep copies of the reports fora period of not less than three years from the time the report was produced.
F. The Tax Commissioner, after consultation with the Virginia Pork IndustryBoard, may adopt regulations for the interpretation and enforcement of thistax.
G. Any tax that is not paid when due shall be collected pursuant to §3.2-1102.
(Code 1950, § 3-598.15; 1966, c. 658, § 3.1-763.9; 1979, c. 72; 1982, c. 99;2008, c. 860.)