West Virginia HB5598 proposes to increase the state sales tax to 8% and eliminate personal income tax.

West Virginia HB5598 aims to amend the state's sales tax structure by raising the consumer sales and use tax to 8%. This bill also seeks to abolish the personal income tax in the state. The changes would affect all residents and businesses within West Virginia, impacting their tax liabilities. The bill includes provisions for the calculation of sales tax on fractional parts of a dollar and specifies that the tax computation will be carried to the third decimal place starting January 1, 2004.

West Virginia HB5598 proposes to increase the state sales tax to 8% and eliminate personal income tax.

West Virginia HB5598 aims to amend the state's sales tax structure by raising the consumer sales and use tax to 8%. This bill also seeks to abolish the personal income tax in the state. The changes would affect all residents and businesses within West Virginia, impacting their tax liabilities. The bill includes provisions for the calculation of sales tax on fractional parts of a dollar and specifies that the tax computation will be carried to the third decimal place starting January 1, 2004.