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UPHELD

Commonwealth of Virginia, Department of Taxation v. FJ Management, Inc., d/b/a FJI, Inc.

UPHELD status graphic: Commonwealth of Virginia, Department of Taxation v. FJ Management, Inc., d/b/a FJI, Inc.. 0701232 Commonwealth of Virginia, Department of Taxation v. FJ Management, Inc., d/b/a FJI, Inc. 11/12/2024 Judgment affirmed as trial court did not err finding application of statutory apportionment method for income earned from minority ownership interest in PTC violated Due Process and Commerce Clauses of United States Constitution; not unitary business with PTC as three unitary business factors did not exist; claim of failure to follow statutory procedure waived, Rule 5A:18
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