WV Governor Proposed Tax Repeal Affects Manufacturers

West Virginia Gov. Jim Justice addressed state taxes in his 2018 State of the State address.

Repeal of Property Tax for Manufacturers

First, the governor called for the elimination of the property tax on:

  • manufacturing machinery and equipment, and
  • manufacturing inventory.

New Tax Collection Enforcement Division

In addition, he announced the creation of an enforcement division within the State Tax Department to collect contractors’ taxes.

No Proposed Tax Increases

Finally, Gov. Justice stated that he is requesting no tax increases at this time.

2018 State of the State Address, West Virginia Gov. Jim Justice, January 10, 2018

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