Pursuant to Chapter 13, Article II, Section 13-215 of the Code of the Ordinances, City of Beckley, West Virginia, the City began collecting Business & Occupation Tax on Class 4 rental property on July 1, 2015. Based on audited real estate tax records, notification letters were mailed to property owners at that time. The Code of Ordinances specifies that this tax shall be paid at 1% of the gross income of any such rental activity.
Sec. 13-215. – Business of furnishing property for hire.
(a) For every person engaging or continuing within this city in the business of furnishing any real or tangible personal property, which has a tax situs in this city, or any interest therein, for hire, loan, lease or otherwise, whether the return be in the form of rentals, royalties, fees or otherwise, the tax shall be one (1) per cent of the gross income of any such activity.
(b) The term “tangible personal property”, as used herein shall not include money or public securities.
(Code 1971, § 23-16)
State Law reference— Similar provisions, W. Va. Code, § 11-13-2i.