West Virginia Repeals Telecommunications Tax

Friday, April 6th, 2012

 
 
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West Virginia
General

West Virginia recently enacted legislation repealing its Telecommunications Tax. See the governor's announcement here. See the enrolled bill (House Bill 4088) here.

West Virginia's Telecommunications Tax applied to businesses engaged in furnishing telecommunications services. It was imposed at a rate of 4% on the gross income attributable to services not subject to competition. House Bill 4088 fully repeals the tax effective March 7, 2012.

The tax was initially enacted in 1988, but since that time the telecommunications industry has changed drastically, so now there are fewer telecommunications services that are not subject to competition. Thus, for many telecommunications providers the repeal of the Telecommunications Tax will have minimal impact.


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TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

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