Agencies | Governor
Virginia Regulatory Town Hall
Agency
Motor Vehicle Dealer Board
Guidance Document Information
Title Salespersons Must Be Employees
Document ID LI020-18
Summary By defintion, a salesperson must be an employee of a dealership. This document provides guidance as to determining what constitutes an "employee" especially with regard to members of an LLC. 08/21/2018 Update: A member of a Corporation, LLC, or Partnership who is also a licensed salesperson may receive either a "K-1" and/or a "W-2" at the end of the tax year
Latest Revision 8/21/2018
pdf View document text     Posted On 9/14/2018                 Document on Town Hall
Explanation or Citations By defintion, a salesperson must be an employee of a dealership and may not be an independent contractor. (COV Section 46.2-1500)

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