COVID-19 Procedures: All business with the Commission should be through electronic filing systems, email, or by telephone. For public health safety, in-person visits to SCC offices are suspended. Filings or other deliveries are permitted by drop off at main entrance. On-site staff is minimal and processing of such deliveries may be delayed.
Pursuant to §58.1-2610 of the Code of Virginia, the following types of public service companies shall report annually, on or before April 15, all real and tangible personal property in Virginia as of January 1 preceding:
- Electric Light & Power Corporations and Electric Suppliers
- Gas and Pipeline Distribution Companies
- Water Companies
- Telegraph and Telephone Companies
Failure to file on time may result in penalties (§58.1-2610 of the Code of Virginia).
Supporting financial information should be included with the annual tax reports so the values reported can be verified.
Property is reported showing the city, county, town, or magisterial district where it’s located. Each locality has a code that should be listed with the locality name. The codes can be found on the List of PST Locality District Codes.
Companies that are required to file an annual property report must notify this division of any real property transactions as they occur throughout the year by filing a Real Estate Transaction Form. Examples include acquisitions, sales, leases, easements, etc.
Rolling Stock Assessments
Motor Vehicle Carriers must report annually, on or before March 1, all rolling stock owned or operated in Virginia.
More information can be found on the Rolling Stock Tax on Motor Vehicle Carriers section.