Board meetings, strategic plans, and buyer signals from Michael McNicholas’s organization
Oct 31, 2023·BoardMeeting
Board
Virginia Alcoholic Beverage Control Authority Report
The report assesses a licensing scheme for liquid nicotine, following the introduction of SB 1350 and HB 2296 in the General Assembly's 2023 session, which proposed a licensing scheme for liquid nicotine product retailers. The legislation aimed to reduce underage sales, codify best practices, establish a tax, and enhance enforcement. Stakeholder meetings were held to discuss costs, registration versus licensing, and underage sales. The stakeholder group concluded discussions, and participants were encouraged to provide written comments. The report also references prior efforts on licensing tobacco/liquid nicotine retailers and stakeholder recommendations.
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Virginia Tax's Strategic Plan prioritizes resource allocation to best serve Virginia's taxpayers. The plan was developed with input from taxpayers, professionals, local officials, and employees. It outlines goals and strategies to guide decision-making and progress reporting. Three key strategies are highlighted, along with a method for assessing progress.
May 8, 2012·BoardMeeting
Board
Local Severance Tax Working Group Meeting
The meeting was held to discuss a uniform method of assessment over all localities. The topics of discussion included gross receipts, valuation, alternative taxes, and other related issues. The consensus was that the severance tax is a different type of tax than BPOL Tax and that a separate chapter for severance tax may be clearer. The group also discussed issues with the severance tax on coal and gas, including contract mining, valuation, measurement, depreciation, and deductions. The working group will be split into coal and gas sections for the second meeting.
Dec 19, 2011·BoardMeeting
Board
Dickenson County Board of Supervisors Ordinance
The Dickenson County Board of Supervisors amended the Coal and Gas Severance Tax Ordinance to include provisions of Virginia Code § 58.1-3703.1. The ordinance addresses the imposition of license taxes on individuals engaged in severing coal, gas, and oil within Dickenson County, as provided by Virginia Code Sections 58.1-3703.1, 58.1-3712, 58.1-3712.1, 58.1-3713, and 58.1-3713.4. It covers aspects such as tax rates, gross receipts measurement, record-keeping, definitions, license requirements for operators, return procedures, and penalties for violations.
Extracted from official board minutes, strategic plans, and video transcripts.
