Chap. 303.—An ACT to amend the Tax Code of Virginia by adding a section,
numbered 188-b, to define the words “place of manufacture”. {S 172]

Approved March 17, 1948

Be it enacted by the General Assembly of Virginia:

1, That the Tax Code of Virginia be amended by adding a
section numbered one hundred eighty-eight-b, as follows:

Section 188-b. Definition of place of manufacture—A manu-
facturer in any county or city in this State, who has two or more
places of manufacture in the same county or city in this State,
may transfer goods, wares and merchandise manufactured at one
or more of such places of manufacture to another or other places of
manufacture operated by the same manufacturer in the same county
or city, for sale at wholesale at such last-named place or places of
manufacture, without thereby becoming liable to a wholesale
merchants’ license tax measured by the value of such goods, wares
and merchandise so transferred; but this section shall not apply
to any place of manufacture to which such transfers are made,
unless at that place of manufacture goods, wares and merchandise
are normally manufactured of a value at least equal to thirty-three
and one-third per cent of the value of the goods, wares and mer-
chandise so transferred.

In computing capital for the purpose of State taxation, no
exclusions shall be made or deductions taken on account of the
business which is exempted from wholesale merchants’ license
taxation by this section.

2. This section shall be in force on and after January first,
nineteen hundred forty-nine.