West Virginia Tax Department Adopts Regulations on Special Valuation of Wireless Communications Transmission Towers

The West Virginia State Tax Department April 10 adopted regulations on the use of a special valuation method for the Tax Commissioner and the Board of Public Works to determine the assessed value of wireless communications transmission towers for property tax purposes. The rules include measures: 1) defining terms; 2) applying the special valuation method only to towers constructed or erected between July 1, 2019, and July 1, 2024; 3) setting the property tax return filing deadline of May 1 annually; 4) establishing the appeal process for taxpayers disagreeing with the tentative assessed valuation; and 5) clarifying that county assessors ...