West Virginia Code 5B-2L-8 – Municipal authority to exempt business and occupation tax
Current as of: 2023 | Check for updates
|
Other versions
Notwithstanding any other provision of this code, a municipality that imposes the municipal business and occupation tax pursuant to the provisions of § 8-13-5 of this code, may authorize by ordinance, a municipal business and occupation tax exemption for gross income from rents, royalties, fees, or other remuneration derived by a lessor or landlord from the furnishing, leasing, or renting of any certified BUILD WV project property to a lessee or occupant.
Terms Used In West Virginia Code 5B-2L-8
- project: means BUILD WV project that has received the certification of the Department of Economic Development in accordance with this article, and for which certification remains current and in effect. See West Virginia Code 5B-2L-3