W. Va. Code R. § 110-15-105

Current through Register Vol. XLI, No. 45, November 8, 2024

Section 110-15-105 - Insurance Agencies

105.1. Sales tax does not apply to sales of insurance by insurance agencies. The sale of insurance is a sale of an intangible and, thus, is not subject to the consumers sales and service tax and use tax.

105.2. All purchases for use in business made by insurance agencies are subject to consumers sales and service tax and use tax unless specifically exempt.

W. Va. Code R. § 110-15-105