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The West Virginia state treasurer is the state's chief financial officer. [1] It is one of six constitutionally mandated offices. [ 2 ] Elected statewide for a four year term, the treasurer is responsible for overseeing state operating funds, monitoring state debt and performing banking and accounting duties in accordance with state law. [ 1 ]
West Virginia Council for Community and Technical College Education; West Virginia Department of Education and the Arts. West Virginia Division of Culture and History; West Virginia Division of Rehabilitation Services; West Virginia Department of Environmental Protection. West Virginia Division of Air Quality; West Virginia Division of Land ...
The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.
State tax rules vary widely. The tax rate may be fixed for all income levels and taxpayers of a certain type, or it may be graduated. Tax rates may differ for individuals and corporations. Most states conform to federal rules for determining: gross income, timing of recognition of income and deductions, most aspects of business deductions,
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[12] [13] [14] As such, the state auditor's office investigates waste, fraud, and abuse in state agencies and local governments, supervises local government finances, and audits West Virginia's approximately 700 political subdivisions, be they counties, cities, towns, or school districts.
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