Update #2 To Grantor’s Tax Refunds

March 7, 2008 by Danilo Bogdanovic  
Filed under Taxes

This just in from the Northern Virginia Transportation Authority (NVTA) regarding Grantor’s Tax (Congestion Relief Tax) refunds:

"Some news media outlets are reporting that it will take “three years to refund monies” collected by NVTA.

This is INCORRECT and a misinterpretation of the memo posted on the NVTA web site.

While it may be challenging to track down SOME taxpayers, it can be done and will be done within a few months.

For those rare cases when we will not be able to track a taxpayer down, the law requires that any UNCLAIMED monies be held in trust for up to three years and if unclaimed will, by law, revert to Virginia’s Literacy Fund. 

It will NOT take three years to refund this money. Taxpayers have up to three years to claim monies if they are not automatically refunded.

Please adjust your reports immediately.  Reporting inaccurate information is unnecessarily upsetting residents and taxpayers. 

We continue to ask that taxpayers be patient, hold onto their receipts and wait for further instructions which will come soon."

Related Articles:

NVTA To Stop Collecting Grantor’s Tax and Fees Effective Immediately

Update To Grantor’s Tax Refunds

Official Press Release From NVTA Regarding Today’s Court Ruling

Grantor’s Tax Update – Court Rules NVTA Taxing Powers Unconstitutional

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Comments

2 Comments on "Update #2 To Grantor’s Tax Refunds"

  1. the mockingjay free download on Sun, 13th Mar 2011 7:37 pm 

    Great info and right to the point. I don’t know if this is really the best place to ask but do you folks have any thoughts on where to hire some professional writers? Thank you :) %WEBSITE%

  2. Danilo Bogdanovic on Tue, 29th Mar 2011 6:40 pm 

    Sorry Christopher. I have no idea where to hire professional writers.

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