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The Virginia General Assembly grants the Commissioner of the Revenue the power to summons taxpayers, to issue statutory assessments, to audit taxpayer returns, and, if necessary, to file civil and criminal proceedings against taxpayers for failure to file returns and/or provide information.
Established by the Virginia General Assembly in 1950, [5] the agency is headquartered in Richmond, Virginia and is overseen by the Virginia Secretary of Finance, with day-to-day operations led by a Tax Commissioner appointed by the Governor of Virginia.
The city of Richmond is located in the 13th Judicial Circuit of Virginia, and its court system consists of a circuit court and four district courts. [2] Richmond's government employs approximately 4,000 people. [3]
James Stuart Gilmore III (born October 6, 1949) is an American politician, diplomat and former attorney who served as the 68th Governor of Virginia from 1998 to 2002. A member of the Republican Party, Gilmore also chaired the Republican National Committee in 2001 and served as the U.S. Ambassador to the Organization for Security and Cooperation in Europe during the first Trump administration.
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The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
Richmond (/ ˈ r ɪ tʃ m ə n d / RITCH-mənd) is the capital city of the U.S. commonwealth of Virginia.Incorporated in 1742, Richmond has been an independent city since 1871. The city's population in the 2020 census was 226,610, up from 204,214 in 2010, [7] making it Virginia's fourth-most populous city. [8]
Personal property is property that is movable. [1] In common law systems, personal property may also be called chattels or personalty.In civil law systems, personal property is often called movable property or movables—any property that can be moved from one location to another.