Corporation Income Tax returns for the taxable year ending on March 30, 2013, must be filed on or before July 15, 2013. Virginia law also provides for an automatic six-month extension of time to file. However, the extension does not allow for additional time to pay any balance of tax due. Penalty and/or interest may apply to returns with a tentative tax due that was not paid by the original due date for filing.
The automatic six-month extension to file Corporation Income Tax returns for the taxable year ending on September 30, 2012, ends on July 15, 2013. In order to take advantage of Virginia's automatic extension, the return must be filed on or before the end of the extension period. Please bear in mind, the extension penalty may apply to returns filed during the extension period if 90 percent of the return's total tax liability was not paid by the original due date. For more details regarding Corporation Income Tax extensions and penalties, visit the Department's Corporation Income Tax page.
Remember: it is very important that the Department maintains accurate information regarding taxpayer businesses. Many tax account updates can be performed through the Department's Business iFile system. Visit the Online Services FAQ for information on what updates taxpayers can make through Business iFile.