West Virginia Code of State Rules
Agency 110 - Tax
Title 110 - LEGISLATIVE RULE STATE TAX DEPARTMENT
Series 110-10J - Abusive Tax Shelters
Section 11-10J-2 - Purpose
Current through Register Vol. XLI, No. 38, September 20, 2024
2.1. The Tax Commissioner is required by W. Va. Code § 11-10E-2 to establish and administer a tax shelter voluntary compliance program for eligible taxpayers that are subject to either Personal Income Tax imposed under W. Va. Code § 11-21-1 et seq., or Corporation Net Income Tax imposed under W. Va. Code § 11-24-1 et seq. The voluntary compliance program is to be conducted from August 1, 2006 through November 1, 2006. The voluntary compliance program is to apply to personal income tax and corporation net income tax liabilities attributable to the use of tax avoidance transactions for taxable years beginning before January 1, 2006.
2.2. This rule will provide continuing administrative and regulatory guidance over certain tax shelters used to avoid paying West Virginia income tax.
