§ 146-80. Classification of merchants' capital.

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The capital of merchants is hereby segregated for taxation and is defined as follows: inventory of stock on hand; daily rental passenger cars as defined in § 58.1-2401 of the Code of Virginia; daily rental property as defined in § 58.1-3510 of the Code of Virginia; and all other taxable personal property of any kind whatsoever, except money on hand and on deposit and except tangible personal property not offered for sale as merchandise, which tangible personal property shall be reported and assessed as such.

                    
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