West Virginia
By the Numbers

West Virginia Below is a snapshot of key features of West Virginia's tax system. (Scroll Down)
State & Local Revenue (FY10)
  • General Revenue, Own-Source (GROS): $10.0 billion
  • General Revenue as a Share of Income: 17.2%
  • Tax Revenue: $6.5 billion
  • Tax Revenue as Share of income: 11.1%
  • Personal Income Tax (Share of Tax Revenue): 23.5% (19 out of 51)
  • Corporate Income Tax (Share of Tax Revenue): 3.7 % ( 12 out of 51)
  • Sales & Excise Tax (Share of Tax Revenue): 37.5 % ( 17 out of 51)
  • Property Tax (Share of Tax Revenue): 21.3 % ( 43 out of 51)
  • Other Taxes (Share of Tax Revenue): 13.9 % (5 out of 51)
Personal Income Tax Features (2012)
  • Range of Tax Rates: 3.0% - 6.5%
  • Standard Deduction: None
  • Personal Exemption: $2,000
  • Dependent Exemption: $2,000
  • Earned Income Tax Credit (EITC): None
  • Offers low-income credit designed to offset personal income taxes
Corporate Income Tax Features (2012)
  • Range of Tax Rates: 7%, dropping to 6.5% in 2014
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: Yes
  • Apportionment Factor (Payroll): 25%
  • Apportionment Factor (Property): 25%
  • Apportionment Factor (Sales): 50%
Sales Tax Features (2012)
  • State Sales Tax Rate: 6.00%
  • Average Local Sales Tax Rate: 0.05%
  • Average Combined State & Local Sales Tax Rate: 6.05%
  • State Sales Tax Treatment of Groceries: Exempt
  • Local Sales Tax Treatment of Groceries: Taxed
  • Number of Services Taxed: 105 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: Full
  • Sales tax applies to some digital goods and services
Property Tax Features (2012)
  • Comparatively low property taxes.
Other Tax & Revenue Features (2012)
  • Gasoline Tax Rate (per gallon): $0.347
  • Diesel Tax Rate (per gallon): $0.347
  • Cigarette Tax Rate (per pack): $0.55
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: $116 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: None

Last Updated October 4, 2012

Sources & Glossary