West Virginia – One Percent Tax Gains $18 Million for Beckley

A 1 percent municipal sales and use tax in Beckley has generated more than $18 million for the City of Beckley in three and a half years, according to figures supplied by the State Tax Department.

Enacted on July 1, 2016, the tax is paid by consumers who purchase goods or services inside corporate city limits. From July 2016 until Sept. 30, 2019, the tax generated $18,115,526 for city services.

Beckley Mayor Rob Rappold said the city began charging the 1 percent under Home Rule guidelines, which allow cities to pass rules that govern themselves as long as state and federal constitutions are obeyed.

In exchange for the 1 percent consumer sales tax, the mayor said, the city reduced the Business and Occupation tax on business owners in three classifications. The highest reduction was in retail at 20 percent. The B&O rates in manufacturing and amusement were reduced by around 15 percent, he added.

For the full story: THE REGISTER ~ HERALD

the register ~ herald
BY Jessica Farrish
DEcember 14, 2019