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. (2) the common parent corporation directly owns stock possessing at least eighty percent (801) of the voting power of all classes of stock and at least eighty percent (80%) of each class of the nonvoting stock of at least one of the other subject to inclusion corporations. As used in the subsection, the term "stock" does not include nonvoting stock which is limited and preferred as to dividends; the phrase "corporation subject to inclusion" means any corporation within the affiliated group irrespective of the state or country of its incorporation; and the term "receipts' includes gross receipts and gross income. (b) Two or more corporations if five or fewer persons who are individuals, estates or trusts own stock possessing at least eighty percent (80%) of the total combined voting power of all classes of stock entitled to vote, or at least eighty percent (80%) of the total value of shares of all classes of the stock of each corporation; and more than fifty percent (50%) of the total combined voting power of all classes of stock entitled to vote, or more that fifty percent (501) of the total value of shares of all classes of stock of each corporation, taking into account the stock ownership of each such person only to the extent such stock ownership is identical with respect to each such corporation. When one or more of the corporations subject to inclusion, including the common parent corporation, is a nonstock corporation, • the term "stock" as used in the subsection shall refer to the nonstock corporation membership or membership voting rights, as is appropriate to the context. "Assessment" shall mean a determination as to the proper rate of tax, the measure to which the tax rate is applied, and ultimately the amount of tax, including additional or omitted tax, that is due. An assessment shall include a written assessment made pursuant to notice by the assessing official or a self-assessment made by a taxpayer upon the filing of a return or otherwise not pursuant to notice. Assessments shall be deemed made by an assessing official when a written notice of assessment is delivered to the taxpayer by the assessing official or an employee of the assessing official, or mailed to the taxpayer at his last known address. Self -assessments shall be deemed made when a return is filed, or if no return is required, when the tax is paid. A return filed or tax paid before the last day prescribed by ordinance for the filing or payment thereof shall be deemed to be filed or paid on the last day specified for the filing of a return of the payment of tax, as the case may be. "Assessing official" means the Commissioner of Revenue of the City of Charlottesville. "Base year" shall mean the calendar year preceding the license year, except for contractors subject to the provisions of Virginia • Code Section 58.1-3715, or unless otherwise expressly stated herein. Page 2 of 34