Local News Update
West Virginia Crushed Aggregates Council
2114 Kanawha Boulevard, East - Charleston, WV 25311
(304) 342-1166 FAX (304) 342-1074
October 28, 2015
TO: WV CRUSHED AGGREGATES SEVERANCE TAX TASK FORCE
FROM: MIKE CLOWSER
RE: TASK FORCE UPDATE
Norm Daniels has provided his recommendations based on your comments of the September 9 meeting of the WVCAC Task Force studying tax calculations for the severance tax on aggregates. He is proposing seeking a “Safe Harbor” valuation formula.
Please review the attached letter and provide your comments to Pat Parsons at pat@asphaltwv.com or 304-342-1166. We can schedule another meeting of the task force if everyone would like to get back together. Once you make your recommendations, we will send the proposal to the full membership for their feedback and approval.
I did have a meeting today with Bob Kiss, secretary of the WV Department of Revenue, to apprise him of our members’ concerns. I told him we were meeting and that we would be scheduling a meeting with Tax Commissioner Mark Matlovich to make a presentation.
Secretary Kiss asked if our proposal would require legislation or if the changes could be made administratively. We told him it is our understanding the Tax Department could make the move to a “Safe Harbor” without legislative approval. If the Tax Department would not agree to WVCAC’s proposal, we would have to draft legislation and have it introduced in the 2016 session. He said he would speak with the Tax Commissioner.
Thanks for your help on this issue.