West Virginia Code of State Rules
Agency 110 - Tax
Title 110 - LEGISLATIVE RULE STATE TAX DEPARTMENT
Series 110-15 - Consumer Sales And Service Tax And Use Tax
Section 110-15-88 - Commodity Brokers
Universal Citation: 110 WV Code of State Rules 110-15-88
Current through Register Vol. XLI, No. 38, September 20, 2024
88.1. Fees or commissions earned from transacting business as a commodity broker are services which are subject to the consumers sales and service tax and use tax. The fact that these fees may be computed as a percentage of sales has no bearing on their taxability. These fees or commissions are not considered to be "directly used or consumed" (as defined in Section 2 of these regulations) in the businesses of transportation, production of natural resources, transmission, communication, and manufacturing.
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