West Virginia Code — Chapters 11 / 11A / 11B (Taxation)

W. Va. Code § 11-15B-26

Uniform rules for remittances of funds

Official textcode.wvlegislature.gov10 subsections

# (a)

General.--
Only one remittance is required for each return except as provided in this section.

# (b)

When electronic remittance required.--

# (1)

All remittances from sellers under Models I, II and III shall be remitted electronically after December 31, 2003.

# (2)

All remittances in payment of taxes reported on the approved simplified return format shall be remitted electronically.

# (c)

Method of remittance.--
Electronic payments shall be made using either the ACH credit or ACH debit method.

# (d)

Alternative method.--
The Tax Commissioner shall provide by rule, which may be an existing rule, an alternative method for making same-day payments if an electronic funds transfer fails.

# (e)

Due date of remittances.--

# (1)

If a due date for a payment falls on a Saturday, Sunday or legal holiday, the payment, including any related payment voucher information, is due on the next succeeding business day.

# (2)

If the Federal Reserve Bank is closed on a due date that prohibits a person from being able to make a payment by ACH debit or credit, the payment shall be accepted as timely if made on the next day the Federal Reserve Bank is open.

# (f)

Format of data accompanying remittance.--
Any data that accompanies a remittance shall be formatted using uniform tax type and payment type codes approved by the governing board.

Source: view the official text

In this chapter (40 sections)

Full table of contents →