W. Va. Code R. § 110-15-88

Current through Register Vol. XLI, No. 24, June 14, 2024

Section 110-15-88 - Commodity Brokers

88.1. Fees or commissions earned from transacting business as a commodity broker are services which are subject to the consumers sales and service tax and use tax. The fact that these fees may be computed as a percentage of sales has no bearing on their taxability. These fees or commissions are not considered to be "directly used or consumed" (as defined in Section 2 of these regulations) in the businesses of transportation, production of natural resources, transmission, communication, and manufacturing.