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All real and tangible personal property, with limited exceptions, is subject to property tax. As of July 1 each year, the ownership, use and value of property are determined for the next calendar tax year.
Transportation > Division of Motor Vehicles > Vehicles > Registrations > Personal Property Tax Links.
About Us. Striving to act with integrity and fairness in the administration of the tax laws of West Virginia, the West Virginia Tax Division's primary mission is to diligently collect and accurately assess taxes due to the State of West Virginia in support of State services and programs.
West Virginia House Bill 2526, approved during the 2023 regular session of the West Virginia Legislature, immediately reduces the income tax in tax year 2023 by an average of 21.25 percent. The legislation also provides for a number of refundable tax credits for payment of property taxes.
Based upon a certification received from the Secretary of Revenue and the State Auditor on August 15, 2024, pursuant to W. Va. Code §11-21-4h, the personal income tax rates will be reduced by 4% beginning January 1, 2025. For more information, please see Administrative Notice 2024-03.
In the context of West Virginia tax law, personal property is defined broadly by WV Code §11-5-3 as anything of value that can be owned, from movable tangibles to intangible assets like bonds and receivables.
Taxpayers who pay their personal property taxes on time will receive a rebate on their 2024 income tax return — even if the second half was paid in 2023. That is the return that taxpayers file in 2025. Everyone is eligible for this credit except for motor vehicle dealers.