Inside Self-Storage is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Virginia Self-Storage Operators May Help to Out Tax Evaders

Article-Virginia Self-Storage Operators May Help to Out Tax Evaders

Self-storage owners in Virginia may have to provide their local commissioner of revenue with the names of out-of-state residents who park vehicles in their outdoor storage areas.

Self-storage owners in Virginia may have to provide their local commissioner of revenue with the names of out-of-state residents who park vehicles in their outdoor storage areas. Del. Ben Cline, R-Rockbridge County, has proposed House Bill 2289 that could remove a tax shelter enjoyed by some boat and RV owners. The bill passed a key test last week.
 
According to Cline, out-of-state residents are storing their boats and campers at fenced storage locations, making it impossible for the commissioner to tax them. A similar bill by Sen. Ryan McDougle, R-Mechanicsville, titled SB 896, already has been approved by the Senate.
 
Source: Newsadvance.com, Cline bill on tax evaders clears hurdle