Statutes, codes, and regulations
West Virginia Administrative Code
Agency 110 - TaxTitle 110 - LEGISLATIVE RULE STATE TAX DEPARTMENT
Series 110-01 - Appraisal Of Property For Periodic Statewide Reappraisals For Ad Valorem Property Tax Purposes
Table 110-1H - Working Interest

W. Va. Code R. agency 110, tit. 110, ser. 110-01, tbl. 110-1H

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Current through Register Vol. XLI, No. 50, December 13, 2024
Table 110-1H - Working Interest

1. (Gross Receipts (Working Interest Loss Royalties) X (Multipliers) = Value of Natural Gas Producing Property)

PLUS

2. (Value for Personal (Total Value of Property Used in X (# of Wells) = Personal property Natural Gas Production) Used in Natural Gas Production)

Royalty Interest

(Royalties) X (Multiplier) = (Royalty Interest Value of Natural Gas Producing Property)

W. Va. Code R. agency 110, tit. 110, ser. 110-01, tbl. 110-1H