Purpose — Vermont Code § 5820
Vermont Code § 5820 — Purpose. Reproduced from the official Vermont Statutes Online, with a citation summary, verification link, and related provisions.
§ 5820. Purpose
- (a) This chapter is intended to conform the Vermont personal and corporate income taxes
with the U.S. Internal Revenue Code, except as otherwise expressly provided, in order
to simplify the taxpayer’s filing of returns, reduce the taxpayer’s accounting burdens,
and facilitate the collection and administration of these taxes. (b) It is intended that, for any taxable year, individuals, estates, and trusts shall
be taxed upon only their Vermont income for that year, but that the rate at which
the Vermont income of any taxpayer is taxed under this chapter shall reflect the taxpayer’s
ability to pay as measured by his or her adjusted gross income for the taxable year. (Added 1966, No. 61 (Sp. Sess.), § 1, eff. Jan. 1, 1966; amended 1967, No. 121, § 3, eff. Jan. 1, 1968 for taxable years beginning on or after Jan. 1, 1968.)
Source: official Vermont text · Last verified 2026-08-27
At a glance
- Citation: Vermont Statutes Online § 5820
- Jurisdiction: Vermont
- Code: Vermont Statutes Online
- Subject: Purpose
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Vermont Statutes Online. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Vermont attorney.
Common questions
What is the source of Vermont Statutes Online § 5820?
The text above is transcribed from the Vermont Statutes Online, the codified statutes of Vermont. The official publisher link appears under "Verify the text" on this page.
What subject does Vermont Statutes Online § 5820 address?
It addresses "Purpose". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Vermont Statutes Online § 5820 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Vermont source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Vermont law to your facts requires a licensed Vermont attorney who can review the specifics.