W. Va. Code R. § 110-1M-3

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 110-1M-3 - Situs

3.1. Generally, when the cost approach is used, operating properties physically located in West Virginia shall be considered for tax purposes; however,

3.1.1. When the income approach is used, the unit of value shall be allocated to the state of West Virginia using operating plant data after which;

3.1.2. Apportionment of physical plant tax revenues, considering the location in the various taxing districts, shall be made by the West Virginia State Auditor's Office.

W. Va. Code R. § 110-1M-3