West Virginia Code of State Rules
Agency 110 - Tax
Title 110 - LEGISLATIVE RULE STATE TAX DEPARTMENT
Series 110-37 - Charitable Raffles
Section 110-37-27 - Restriction on Use of Raffle Equipment
Universal Citation: 110 WV Code of State Rules 110-37-27
Current through Register Vol. XLI, No. 38, September 20, 2024
27.1. A licensee may only use raffle equipment:
27.1.1. which it
owns;
27.1.2. which it borrows
without compensation from another licensee; or
27.1.3. which it leases from another licensee
for a reasonable and customary amount.
27.1.4. Example 1 - John's Raffle
Equipment Rental, an organized for profit company, may not rent raffle
supplies to licensees in this State.
27.1.5. Example 2 - S organization owns
several pieces of raffle equipment. Z organization does not wish to buy what it
needs to conduct its raffle, but instead wishes to lease the equipment from S
at a reasonable rate. Z may lease from S if both organizations meet the
criteria for charitable raffle licensees under Subdivision 2.1.3. of
this rule.
27.2. The rental or purchase of raffle equipment shall be considered a reasonable and necessary expense as provided for in Section 14 of this rule.
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