US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 West Virginia Code » Chapter 11. Taxation » Article 13EE. Coal Severance Tax Rebate » §11-13EE-11. Recapture of Rebate; Recapture Tax Imposed

(a) When recapture tax applies.

(1) Any person who places machinery and equipment in service or use for purposes of this credit and who fails to use the machinery and equipment for at least 5 years in the production of coal in this state shall pay the recapture tax imposed by subsection (b) of this section.