WV HB2012

Eliminates the accelerated tax payment requirement for consumers sales tax and use tax that required businesses with average monthly payments exceeding $100,000 to remit taxes for the first 15 days of June by June 20

Eliminates the accelerated withholding tax payment requirement for employers whose average monthly withholding exceeded $100,000, which required payment of taxes for the first 15 days of June by June 23

Changes take effect immediately upon passage of the bill

Affected provisions in West Virginia Code sections 11-15-16(g), 11-15A-10(f), and 11-21-74(d) will no longer have any force or effect

Maintains all other standard monthly tax filing and payment deadlines on the 20th of the following month for sales tax, use tax, and employer withholding taxes