New Withholding Requirements for Sales of Real Property by Nonresidents in West Virginia Takes Effect

Are you a nonresident of West Virginia who owns property in West Virginia and are about to sell your property? You may want to look into a new law that took effect January 1, 2008. It was
W Va. Code 11-21-71b which was part of Senate Bill 2009 enacted during the November 2006 special legislative session.

The following link deals with the subject matter: www.state.wv.us/taxrev/taxdoc/tsd389.pdf . Please check with an attorney for more details or contact the West Virginia Tax Commission at (304) 558-3333 or 800-982-8297. Visit them on the web at www.state.wv.us/taxdiv.