West Virginia Code of State Rules › Agency 110 - Tax › Title 110 - LEGISLATIVE RULE STATE TAX DEPARTMENT › Series 110-21F - The Coal Severance Tax Rebate › Section 110-21F-5 - Information required to determine amount of rebate allowable

Current through Register Vol. XLI, No. 28, July 12, 2024
5.1. A taxpayer
				claiming a rebate under W. Va. Code §
									11-13EE-1,
et seq
., who operates a single coal mine in this state, shall
				provide a schedule with the annual severance tax return filed under W. Va. Code
				§
									11-13A-1,
et seq
., that shows, for the mine, the number of tons of coal
				produced, the gross value of the coal produced at the mine during the taxable
				year for which the rebate is sought, the aggregate number of full-time
				employees at the mine, and such other information deemed by the Tax
				Commissioner to be necessary to determine the base production and the net
				increase in state severance tax payable attributable to the qualified
				investment property placed in service or use at the coal mining
				operation.
5.2. A taxpayer claiming
				a rebate under W. Va. Code §
									11-13EE-1,
et seq
., who operates more than one coal mine in this state,
				shall provide a schedule with the annual severance tax return filed under W.
				Va. Code §
									11-13A-1,
et seq
., that shows, for each coal mine, the number of tons of
				coal produced, the gross value of the coal produced at each mine during the
				taxable year for which rebate is sought, the aggregate number of full-time
				employees at the mine, and such other information deemed by the Tax
				Commissioner to be necessary to determine the base amount of production and the
				net increase in state severance tax payable attributable to the qualified
				investment property placed in service or use at the coal mining
				operation.
5.3. When a taxpayer
				claiming a rebate under W. Va. Code §
									11-13EE-1,
et seq
., is a member of an affiliated or controlled group, as
				the case may be, that operates more than one coal mine in this state, the group
				shall provide a schedule with its annual severance tax return filed under W.
				Va. Code §
									11-13A-1,
et seq
., for the taxable year that shows for each coal mine
				operated in this state by the affiliated or controlled group, as the case may
				be, or any member thereof, the number of tons of coal produced at each mine,
				the gross value of the coal produced at each mine during the taxable year for
				which rebate is sought, the aggregate total number of full-time employees, and
				such other information deemed by the Tax Commissioner to be necessary to
				determine the base production amount and the net increase in state severance
				tax and severance tax paid, as well as employment levels, attributable to the
				qualified investment property placed in service or use at the coal mining
				operation.
5.4. When a taxpayer
				claims a coal severance tax rebate under W. Va. Code §
									11-13EE-1,
et seq
., the information required by this section heading must
				be updated and provided for each year the taxpayer applies for a rebate carry
				forward payment.