HB4662 - Relating to withholding tax on income of nonresidents from natural resources royalty payments
West Virginia - 2024 Regular Session
Introduced byKayla Ann Young
Last updated 9 months ago
1 Co-Sponsor
The purpose of this bill is to require lessees of West Virginia real estate who make natural resources royalty payments for in-state property to any nonresident lessor, to withhold West Virginia personal income tax on natural resources royalty payments. The bill provides exceptions, penalties, defines terms and grants rule-making authority.
STATUS
Introduced
Verifications Required
You must be a verified voter to do that.
No Thanks, I'll do it later
Verify your identity now