CHAPTER 500

AN ACT to amend and reenact §§ 58-228 and 58-238 of the Code of Virginia,
relating to gift taxes.
[S 253]

Approved March 30, 1956

Be it enacted by the General Assembly of Virginia:

1. That §§ 58-223 and 58-238 of the Code of Virginia be amended and
reenacted as follows:

§ 58-223. The tax imposed by this chapter shall be paid by the donor
on or before the fifteenth day of * April following the close of the calendar
year.

§ 58-238. Any person who within any calendar year makes any
gift or gifts taxed by this chapter shall report in duplicate, under oath,
to the Department of Taxation, on forms provided for that purpose, show-
ing therein an itemized schedule of all such gifts, the name and residence
of each donee and the actual value of the gift to each, the relationship of
each of such persons to the donor and any other information which the
Department of Taxation may require. Such returns shall be filed on or
before the fifteenth day of * April following the close of the calendar year.
The Department of Taxation may grant a reasonable extension of time
for filing a report whenever in its judgment good cause exists.

2. The foregoing provisions of this Act shall apply with respect to all
gifts made during the calendar year nineteen hundred and fifty-six and
during every calendar year thereafter until otherwise provided by law.