§ 12-203. When tax due and payable.

(a)

Except as modified by section 12-203.1, the license tax computed shall become due and payable on or before January 1 of each calendar year, and the license term shall be for the corresponding calendar year. The director of finance shall bill for the license tax required by this article at least thirty (30) days prior to the start of the license term.

(b)

If a nonresident of this state procures a state license, or under the motor vehicle laws of the state should procure one for a vehicle subject to this article, then in either event, such person shall immediately apply for and procure a town license and pay therefor the tax prescribed by this article.

(c)

Purchasers of new or used motor vehicles, trailers, or semitrailers shall be allowed a grace period of ten (10) days, beginning with the date of purchase, during which to pay the tax imposed by this article.

(Ord. No. 1442, § 1, 3-13-07; Ord. No. 1456, 8-14-07; Ord. No. 1489(Amd.), § 1, 4-8-08)

State Law reference— Code of Virginia, § 46.2-752(l).

(Ord. No. 1442, § 1, 3-13-07; Ord. No. 1456, 8-14-07; Ord. No. 1489(Amd.), § 1, 4-8-08)

State law reference

Code of Virginia, § 46.2-752(l).