The Vermont Statutes Online
The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 32: Taxation and Finance
Chapter 151: Income Taxes
- Subchapter 001: Definitions; General Provisions
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§ 5811. Definitions
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§ 5812. Income taxation of parties to a civil union
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§ 5813. Statutory purposes
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§§ 5814-5818. Repealed. 1991, No. 186 (Adj. Sess.), § 8(b), eff. May 7, 1992.
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§ 5815. Repealed.
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§ 5816. Repealed. 1991, No. 186 (Adj. Sess.), § 3(b), eff. May 7, 1992.
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§ 5817. Repealed. 1991, No. 186 (Adj. Sess.), § 8(c), eff. May 7, 1992.
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§ 5818. Repealed. 1991, No. 186 (Adj. Sess.), § 8(d), eff. May 7, 1992.
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§ 5819. Inconsistent provisions
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§ 5820. Purpose
- Subchapter 002: Taxation of Individuals, Trusts, and Estates
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§ 5821. Name of tax
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§ 5822. Tax on income of individuals, estates, and trusts
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§ 5823. Vermont income of individuals, estates, and trusts
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§ 5824. Adoption of federal income tax laws
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§ 5825. Credit for taxes paid to other states and provinces
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§ 5825a. Credit for Vermont Higher Education Investment Plan contributions
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§ 5826. Repealed. 2009, No. 160 (Adj. Sess.), § 51(a)(2), eff. Jan. 1, 2013.
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§ 5827. Repealed. 1989, No. 119, § 23(b), eff. June 22, 1989.
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§ 5828. Mobile home park sale; capital gain credit
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§ 5828a. Repealed. 1991, No. 32, § 7, eff. May 18, 1991.
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§ 5828b. Earned income tax credit
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§ 5828c. Child and dependent care credit
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§§ 5829, 5930. Repealed. 1993, No. 210 (Adj. Sess.), § 40, eff. Jan. 1, 1994.
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§ 5830. Taxpayer identification numbers; credits
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§ 5830a. Interest tax
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§ 5830b. Tax credits; Entrepreneurs' Seed Capital Fund
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§ 5830c. Tax credits; charitable investments in housing
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§ 5830d. Deferral of income taxation; combat zone duty
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§ 5830e. Retirement income; social security income
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§ 5830f. Vermont child tax credit
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§ 5830f. Vermont child tax credit
[Effective until contingency met.]
- Subchapter 003: Taxation of Corporations
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§ 5831. Name of tax
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§ 5832. Tax on income of corporations
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§ 5832a. Digital business entity franchise tax
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§ 5833. Allocation and apportionment of income
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§ 5834. Computation of gains and losses
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§ 5835. Construction of subchapter
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§ 5836. Franchise tax on financial institutions
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§ 5837. Repealed. 2003, No. 152 (Adj. Sess.), § 8.
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§ 5838. Digital business entity election
- Subchapter 004: Withholding of Taxes at Source
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§ 5841. Requirement and rate of withholding
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§ 5842. Return and payment of withheld taxes
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§ 5843. Failure to account; maintenance of trust account
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§ 5844. Liability; penalty; trust for the State
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§§ 5845, 5846. Repealed. 1991, No. 186 (Adj. Sess.), § 8(e), eff. May 7, 1992.
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§ 5846. Repealed. 1991, No. 186 (Adj. Sess.), § 8(f), eff. May 7, 1992.
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§ 5847. Withholding on sales or exchanges of real estate
- Subchapter 005: Estimations of Nonwithheld Income Tax
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§ 5851. Definitions
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§ 5852. Payment of estimated income tax
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§§ 5853, 5854. Repealed. 1989, No. 119, § 6, eff. June 22, 1989.
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§ 5855. Payments as tax liability
- Subchapter 005A: Quarterly Filing and Payment
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§ 5856. Declaration of estimated tax
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§ 5857. Filing dates
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§ 5858. Payment dates
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§ 5859. Assessment date, penalties, interest
- Subchapter 006: Returns
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§ 5861. Returns by individuals, trusts, and estates
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§ 5861a. Returns by partnerships
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§ 5862. Returns by corporations
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§ 5862a. Nongame Wildlife Account checkoff
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§ 5862b. Vermont children's trust foundation checkoff
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§ 5862c. Repealed. 2009, No. 160 (Adj. Sess.), § 51(c)(1) repealed effective for taxable years beginning on and after January 1, 2010.
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§ 5862d. Filing of federal form 1099
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§ 5862e. Vermont Veterans' Fund checkoff
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§ 5862f. Vermont Green Up checkoff
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§ 5863. Additional returns
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§ 5864. Failure to file a return; petition and computation of tax
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§ 5865. Repealed. 1991, No. 186 (Adj. Sess.), § 8(g), eff. May 7, 1992.
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§ 5866. Supplemental information; changes in federal tax liability or taxable income
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§ 5866a. Reporting adjustments to federal taxable income and federal partnership audits
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§ 5867. Form and verification of returns
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§ 5868. Extension of time for filing of returns
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§ 5869. Repealed. 1997, No. 156 (Adj. Sess.), § 37.
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§ 5870. Reporting use tax on individual income tax returns
- Subchapter 007: Payment of Income Taxes
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§ 5871. Payments by individuals, trusts, and estates
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§ 5872. Payment by corporations
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§ 5873. Extension of time for payment
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§ 5874. Method of payment
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§ 5875. Repealed. 1997, No. 156 (Adj. Sess.), § 37.
- Subchapter 008: Deficiencies, Assessments, Refunds, and Appeals
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§ 5881. Repealed. 1997, No. 156 (Adj. Sess.), § 37.
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§ 5882. Time limitation on notices of deficiency and assessment of penalty and interest
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§ 5883. Determination of deficiency, refund, or assessment
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§ 5884. Refunds; petitions for refunds
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§ 5885. Procedure for hearings by Commissioner; appeals
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§ 5886. Payment and collection of deficiencies and assessments; jeopardy notices
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§ 5887. Remedy exclusive; determination final
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§ 5888. Determination of taxable income and income tax liability under the laws of the United States
- Subchapter 009: Enforcement and Collection
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§ 5891. Tax a debt to the State
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§ 5892. Action to collect taxes; limitations
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§ 5893. Levy for nonpayment
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§ 5894. Liability for failure or delinquency
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§ 5895. Tax liability as property lien
- Subchapter 010: Confidential Preparation of Returns
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§ 5901. Consent to use or disclosure of information
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§ 5902. Persons preparing returns
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§ 5903. Exceptions
- Subchapter 010A: Taxation of S Corporations
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§ 5910. Definitions; federal conformity
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§ 5911. Taxation of an S corporation and its shareholders
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§ 5912. Repealed. 2015, No. 134 (Adj. Sess.), § 13, eff. May 25, 2016.
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§ 5913. Part-year residence
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§ 5914. Returns and mandatory payments
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§ 5915. Minimum tax
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§ 5916. Tax credits
- Subchapter 010B: Taxation of Partnerships and Limited Liability Companies
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§ 5920. Returns and mandatory payments
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§ 5921. Minimum tax
- Subchapter 011: Financial Services Development Tax Credit
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§ 5922. Financial services development tax credit
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§§ 5923, 5924. Repealed.
- Subchapter 011A: Tax Credits Relating to a Job Development Zone
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§§ 5925, 5926. Repealed. 2015, No. 57, § 98, effective June 11, 2015.
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§ 5926. Repealed. 2005, No. 75, § 16, eff. June 23, 2005.
- Subchapter 011B: Research and Development Tax Credit
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§§ 5927, 5928. Repealed. 2005, No. 75, § 16, eff. June 23, 2005.
- Subchapter 011C: New Jobs Tax Credit
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§ 5929. Repealed. 2005, No. 94 (Adj. Sess.), § 5, eff. March 8, 2006.
- Subchapter 011D: Manufacturer's Investment Tax Credit
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§ 5930. Repealed. 2005, No. 94 (Adj. Sess.), § 5, eff. March 8, 2006.
- Subchapter 011E: Economic Advancement Tax Incentives
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§§ 5930a-5930k. Repealed. 2015, No. 157 (Adj. Sess.), § H.11, eff. January 1, 2017.
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§§ 5930c-5930i. Repealed. 2005, No. 184 (Adj. Sess.), § 4(a), eff. January 1, 2017.
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§ 5930j. Repealed. 2005, No. 184 (Adj. Sess.), § 16.
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§ 5930k. Repealed. 2005, No. 184 (Adj. Sess.), § 4(a), eff. January 1, 2017.
- Subchapter 011F: Tax Credit for Rehabilitation of Historic Buildings
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§ 5930n. Repealed. 2005, No. 183 (Adj. Sess.), § 16(b).
- Subchapter 011G: Rehabilitation Tax Credit
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§§ 5930p-5930r. Repealed. 2005, No. 183 (Adj. Sess.), § 16(b).
- Subchapter 011H: Training Tax Credit
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§ 5930t. Repealed. 2005, No. 207 (Adj. Sess.), § 12, eff. May 31, 2006.
- Subchapter 011I: Affordable Housing Tax Credit
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§ 5930u. Tax credit for affordable housing
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§§ 5930v-5930x. Repealed. 2009, No. 1 (Sp. Sess.), § H.28(a), eff. January 1, 2010.
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§§ 5930w-5930x. Repealed. 2005, No. 184 (Adj. Sess.), § 4(a), eff. January 1, 2017.
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§ 5930y. Repealed. 2013, No 73, § 24, eff. January 1, 2014.
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§ 5930z. Repealed. 2019, No. 51, § 40(1), eff. Jan. 1, 2019.
- Subchapter 011J: Vermont Downtown and Village Center Tax Credit Program
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§ 5930aa. Definitions
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§ 5930bb. Eligibility and administration
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§ 5930cc. Downtown and Village Center Program tax credits
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§ 5930dd. Claims; availability
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§ 5930ee. Limitations
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§ 5930ff. Recapture
- Subchapter 011L: Research and Development Tax Credit
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§ 5930ii. Research and development tax credit
- Subchapter 011M: Machinery and Equipment Investment Tax Credit
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§ 5930ll. Machinery and equipment tax credit
[Section 5930ll applicable to taxable years beginning on and after January 1, 2012 and repealed effective July 1, 2026.]
- Subchapter 011N: Recently Deployed Veteran Tax Credit
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§ 5930nn. Recently deployed veteran tax credit
- Subchapter 012: Setoff Debt Collection
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§ 5931. Short title
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§ 5932. Definitions
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§ 5933. Collection of debts through setoff
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§ 5934. Procedure for setoff
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§ 5935. Joint returns
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§ 5936. Hearing procedure
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§ 5937. Priorities in claims to setoff
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§ 5938. Collection assistance fees
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§ 5939. Confidentiality exemption; nondisclosure
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§ 5940. Rules and regulations
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§ 5941. Procedure for setoff of court judgments
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§ 5942. Offset for taxes owed in another state; reciprocity
- Subchapter 013: Franchise Tax on Waste Facilities
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§ 5951. Definitions; general provisions
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§ 5952. Imposition of tax
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§ 5953. Exemptions
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§ 5954. Filing of return and payment of tax