West Virginia Code §11-10-17a requires the Tax Commissioner to establish interest rates every six months based on the adjusted prime rate charged by banks. The interest rate shall not be less than 8 percent.

Notice is hereby given that the rate of interest on underpayments and overpayments of taxes, and on public contracts when final payment is delayed, will be 8 percent for the period beginning January 1, 1999, and ending June 30, 1999, inclusive.

Notice of this determination by the Tax Commissioner was submitted to the State Register.

 

Notice of this determination will be filed in the State Register.

Issued: October 27, 1998	Richard E. Boyle, Jr. State Tax Commissioner West Virginia Tax Commission
State Tax Commission Taxpayer Services P.O. Box 2389 Charleston, WV 25328-2389	Operator on duty 8:30 am - 4:30 pm Monday through Friday Phone: (304) 558-3333 or 1-800-982-8297 Fax: (304) 558-3269 TDD Service/Hearing Impaired 1-800-282-9833