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West Virginia Tax Department Issues Notice on Average Wholesale Price of Motor Fuels for 2023

Nov. 30, 2022, 5:00 AM

The West Virginia State Tax Department Nov. 28 issued an administrative notice determining the average wholesale price of conventional and alternative motor fuels for the 2023 calendar year, for excise tax purposes. The notice provides: 1) average wholesale prices of conventional motor fuels, compressed natural gas, liquefied natural gas, and liquefied petroleum gas for the period of Jan. 1, 2023, through Dec. 31, 2023; 2) definitions of common terms such as “field equipment,” “field gas,” and “natural gas;" 3) the 2023 flat rate tax, variable rate tax, and combined rate for various motor fuels; and 4) a table comparing tax ...