5B-2L-8. Municipal authority to exempt business and occupation tax.
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.
Structure West Virginia Code
Chapter 5B. Economic Development Act of 1985
§5B-2L-2. Legislative Findings and Purpose
§5B-2L-6. Effective Date, Expiration Date and Required Reporting
§5B-2L-7. Consumers Sales and Service Tax and Use Tax Exemption for Construction Contractors
§5B-2L-8. Municipal Authority to Exempt Business and Occupation Tax
§5B-2L-9. Eligibility for Property Value Adjustment Tax Credit
§5B-2L-10. Amount of Property Value Adjustment Tax Credit Allowed
§5B-2L-11. Application of Annual Credit Allowance
§5B-2L-13. Credit Recapture; Interest; Penalties; Additions to Tax; Statute of Limitations
§5B-2L-14. Designation of a Certified District
§5B-2L-15. Project Administration and Certification
§5B-2L-16. Project Application; Evaluation Standards; Approval of Projects