CHAPTER 392
An Act to amend and reenact 8§ 58-228 and ead as amended, of the
Code of Virginia, prescribing when and by whom gift taxes are pay-

able, and when returns shall be filed and information to be included

therein.
(H 97]
Approved March 31, 1964
Be it enacted by the General Assembly of Virginia: _

1. That §§ 58-223 and 58-238, as amended, 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 * first day of * May following the close of the calendar
year.

The provisions of this section shall apply with respect to all gifts
made during the calendar year nineteen hundred sixty-four and during
every calendar year thereafter until otherwise provided by law.

§ 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, showing
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 * first day of * May 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.

The provisions of this section shall apply with respect to all gifts
made during the calendar year nineteen hundred sixty-four and during
every calendar year thereafter until otherwise provided by law.