West Virginia has removed more than $800 million of business taxes since 2014.
State Income Tax: 3% – 6.5%
State Sales Tax: 6%
Corporate Tax Rate: 6.5%
The 2022 State Business Climate Index released by the Tax Foundation ranks West Virginia’s Tax Climate at 21st. West Virginia’s corporate income tax system consists of a flat rate of 6.5%. That rate ranks West Virginia as 23rd among states levying a corporate income tax.
WEST VIRGINIA’S TAX RANKINGS WITHIN THE 50 STATES:
Overall National Rank – 21st
Corporate Tax – 18th
Individual Income Tax – 28th
Sales Tax – 18th
Unemployment Insurance Tax – 26th
Property Tax – 9th