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Tuesday, January 15, 2013

Individual Income Tax Withholding

Individual Income Tax Withholding (63% of general fund revenues): Collections of payroll withholding taxes rose 2.5 percent in December. Year-to-date, withholding collections rose 1.6 percent compared with the same period last year, trailing the projected annual growth rate of 3.3 percent.

http://www.finance.virginia.gov/KeyDocuments/RevenueReports/FY2012-2013/December2012RevenueLetter.pdf

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