• "Yes, Virginia, There Is Non-business Income"
  • October 9, 2003 | Author: Kenneth H. Silverberg
  • Law Firm: Nixon Peabody LLP - Washington Office
  • Virginia, like some other states, has had an historic aversion to non-business income. It's not that the tax authorities believe they are exempt from the Commerce Clause of the U.S. Constitution. It's more a question of how it applies.