18 Va. Admin. Code § 5-22-50
2. The firm provides attest services , compilation services, or financial statement preparation services.
The determination shall be reasonable considering the facts and circumstances and can be based on quantitative or qualitative assessments. The determination shall be reconsidered for changes in facts and circumstances that are not temporary.
Complying with subdivision A 1 of § 54.1-4409.1, subsection B of § 54.1-4411, or subsection B of § 54.1-4412.1 of the Code of Virginia requires the person or firm to use reasonable judgment in determining whether Virginia is the principal place of business in which:
§§ 54.1-4402 and 54.1-4403 of the Code of Virginia.
Derived from Virginia Register Volume 26, Issue 24, eff. September 16, 2010; amended, Virginia Register Volume 33, Issue 23, eff. August 9, 2017; Volume 37, Issue 12, eff. March 3, 2021.