West Virginia Code of State Rules › Agency 110 - Tax › Title 110 - LEGISLATIVE RULE STATE TAX DEPARTMENT › Series 110-13A - Severance Tax › Section 110-13A-3 - Imposition of Tax

Current through Register Vol. XLI, No. 28, July 12, 2024
3.1.
				Imposition of Tax. -- Upon every person exercising the privilege of engaging or
				continuing within this State in severing, extracting, reducing to possession
				and producing for sale, profit or commercial use any natural resource product
				or products, there is hereby imposed a tax in the amount to be determined by
				the application of rates against the gross value of the articles produced, as
				shown by the producer, except as otherwise provided, multiplied by the rates in
				the classifications and according to the effective dates as follows:
3.1.1. On coal, and including the thirty-five
				one hundredths (.35) of one percent additional severance tax on such coal for
				the benefit of counties and municipalities, as provided in W. Va. Code
				'11-13A-6,
				on
July 1, 1987 - three and eighty-five one hundredths (3.85)
				  percent;
July 1, 1988 - three and eighty-eight one hundredths (3.88)
				  percent; and
March 1, 1989 - and thereafter - five (5.0) percent.
3.1.2. On limestone or sandstone
				quarried or mined, on
July 1, 1987 - two and two-tenths (2.2) percent;
July 1, 1988 - two and fifty-six one hundredths (2.56)
				  percent;
July 1, 1989 - two and ninety-two one hundredths (2.92)
				  percent;
July 1, 1990 - three and twenty-eight one hundredth (3.28)
				  percent;
July 1, 1991 - three and sixty-four one hundredths (3.64)
				  percent;
July 1, 1992 - four (4.0) percent;
July 1, 1993 - four and fifty one hundredths (4.5) percent;
				  and
July 1, 1994 - and thereafter - five (5.0) percent.
3.1.3. On oil, on
July 1, 1987 - four and thirty-four one hundredths (4.34)
				  percent;
July 1, 1988 - four and two hundred seventy-two one
				  thousandths (4.272) percent; and
March 1, 1989 - and thereafter - five (5.0) percent.
3.1.4. On natural gas, on
July 1, 1987 - six and five-tenths (6.5) percent;
July 1, 1988 - six (6.0) percent;
July 1, 1989 - five and five-tenths (5.5) percent; and
July 1, 1990 - and thereafter - five (5.0) percent.
3.1.5. On natural gas produced
				from new wells drilled and placed in service on and after July 1, 1987, on
July 1, 1987 - four (4.0) percent; and
March 1, 1989 - and thereafter - five (5.0) percent.
3.1.6. On sand, gravel or other
				mineral product not quarried or mined, on
July 1, 1987 - four and thirty-four one hundredths (4.34)
				  percent;
July 1, 1988 - four and two hundred seventy-two one
				  thousandths (4.272) percent;
March 1, 1989 - and thereafter - five (5.0) percent.
3.1.7. On timber, on
July 1, 1987 - two and five-tenths (2.5) percent; and
March 1, 1989 - and thereafter - three and twenty-two
				  hundredths (3.22) percent.
3.1.8. On other natural resources, on
July 1, 1987 - two and eighty-six one hundredths (2.86)
				  percent;
July 1, 1988 - three and eighty-eight one thousandths (3.088)
				  percent;
July 1, 1989 - three and three hundred sixteen one
				  thousandths (3.316) percent;
July 1, 1990 - three and five hundred forty-four one
				  thousandths (3.544) percent;
July 1, 1991 - three and seven hundred seventy-two one
				  thousandths (3.772) percent; and
July 1, 1992 - and thereafter - four (4.0) percent;
July 1, 1993 - four and fifty one hundredths (4.5) percent;
				  and
July 1, 1994 - and thereafter - five (5.0) percent.