West Virginia Tax Department Amends Sales Tax Regulations on Aircraft Operated Under Fractional Ownership Program

The West Virginia State Tax Department July 16 amended regulations on the consumers sales and service tax exemption for purchases of services and tangible personal property used for the repair, remodeling, and maintenance of aircraft operated pursuant to a fractional ownership program. The rules include a measure extending their sunset date to Aug. 1, 2024, from April 9, 2024. The rules took effect July 13 and expire on Aug. 1, 2024. [W. Va. Tax Dep’t, Reg. Sections 110-15K-1 et al., 07/16/21 W. Va. Reg.]

Reference: View Source Document 1. View Source Document 2.