Form Eg-2 - Worksheet For Virginia Egg Board And Conversion Calculations For Egg Products Page 2

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Virginia Egg Board Worksheet Instructions
General: You must use the worksheet to convert egg
Work Sheet of Virginia Egg Board (Form EG-2)
products into pounds of liquid equivalent for the computation
• Lines not specifically mentioned below are self-
of the tax for unshelled eggs. This worksheet will also be
explanatory on the worksheet.
used to report to the Virginia Egg Board information
necessary for them to compile statistical information of use
• Transfer applicable information to Form EG-1.
to the industry in Virginia. Except for exempt sales, Bills of
Part I, Lines 1 through 7, Instructions:
Lading and other sales reports are to be retained by the
handler. For each exempt shipment, attach the bill of lading
Item B - Enter total pounds of egg products handled for the
showing the final destination to Form EG-2.
month.
A copy of each form should be kept in your records for a
Item C -Enter total pounds of exempt egg products handled
period of three years.
for the month.
Filing Procedure:
Item D -Subtract Item C from Item B and enter here.
EG-1
The monthly return on Form EG-1 and the payment
Item F - Multiply Item D by Item E and enter result here.
of tax are to be postmarked no later than the 20th
The conversion of Net Egg Products Handled to pounds
day of the following month and mailed to:
of liquid equivalent is based upon industry standards, which
Department of Taxation
have been derived from scientific analysis.
Virginia Egg Excise Tax
Tax Rate: The tax is calculated at the rate of five cents per
P.O. Box 2185
30 dozen case for all shell eggs sold or consumed in the
Richmond, Virginia 23218-2185
state of Virginia. It is assessed at a rate of eleven cents per
A return must be filed each month even if there
100 pounds of processed eggs, as converted to pounds of
is no tax due.
liquid equivalent. Eggs marketed, sold or handled for (a)
export, out-of-state (interstate) purposes; (b) military sales;
EG-2
The Worksheet For Virginia Egg Board, Form
or (c) shell eggs sold to an egg breaker to further egg
EG-2, is due on the same day to:
product use are exempt from this tax, provided that for each
Virginia Egg Board
such shipment a bill of lading showing final destination
911 Saddleback Court
documents the shipment to be exempt. A bill of lading
McLean, Virginia 22102
showing final destination must accompany your Form
EG-2 for each such shipment to be exempt.
Change of Ownership: If there has been a change of
ownership, do not use the return with the name and account
Penalties and Interest: If the assessment is not paid when
number of the former owner. Send the return with a
due, a penalty of 5% of the tax due will be added to the tax,
completed Form R-3, Registration Change Request, to the
and the Virginia Department of Taxation will notify the
VA Department of Taxation, P.O. Box 1114, Richmond,
taxpayer of such delinquency. If such deficiency is not paid
Virginia 23218-1114. A Registration Application, Form R-1,
within 30 days of the notification, interest will accrue on
should also be requested to register the new handler and
unpaid tax at the underpayment rate established by Section
location.
6621 of the Internal Revenue Code, plus 2%, from the due
date through the date paid.
Change of Address or Out-of-Business: If you change
your business or mailing address, or if you are completely
out of business, complete Form R-3, Registration Change
Request or notify the department by letter. Send the form
or letter to the Virginia Department of Taxation, P.O. Box
1114, Richmond, Virginia 23218-1114.
Questions: Call (804) 786-2450 or write the Virginia
Department of Taxation, P.O. Box 715, Richmond, VA
23218-0715. If you have Internet access, you can obtain
most Virginia tax forms from the Department’s web site
Additional information may also be
obtained by writing the Virginia Egg Board, 911 Saddleback
Court, McLean, Virginia 22102 or by telephoning (703)
790-1984.

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