Bill > HB4380

This bill, titled the "Business and Occupation Tax Reform Act," aims to simplify and modernize West Virginia's tax system, particularly for small businesses. The key provisions establish that businesses will only owe Business and Occupation (B&O) taxes to incorporated municipalities where they have a permanent physical presence, such as offices. This means businesses won't have to pay these taxes or obtain licenses in towns where they only perform brief, temporary jobs or lack a long-term establishment. The bill also clarifies that businesses won't need to file quarterly B&O taxes if none are owed, reducing administrative burdens. For revenues earned outside municipal boundaries, taxes will be paid to the municipality where the business has its permanent address, based on total gross revenues, with a provision for prorating revenues earned outside any municipal boundary among the business's permanent locations using a consistent method. Importantly, if a business chooses to operate in an unincorporated area, no county-level B&O tax will be assessed.

Budget and Finance

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4380&year=2026&sessiontype=RS&btype=bill