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Schedule H 2006 Virginia Department of Taxation Bank Franchise Tax City, Town or County Taxes (Form 64) Authorized by Sections 58.11208 58.11210 of the Code of Virginia. Compute the local franchise
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What is city town or county?
City town or county refers to the local government jurisdiction where a person resides or conducts business.
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Individuals or businesses located within a specific city, town or county are required to file taxes with that jurisdiction.
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The purpose of city town or county taxes is to fund local government services such as schools, roads, and public safety.
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Taxpayers must report their income, deductions, and any other relevant financial information on city town or county tax forms.
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