CHAPTER 11. TAXATION.

§11-3-12. Assessment of corporate property; reports to assessors by corporations.

(a) Each incorporated company, banking institution and national banking association, foreign or domestic, having its principal office or chief place of business in this state, owning property subject to taxation in this state, except railroad, telegraph and express companies, telephone companies, pipeline, car line companies and other public utility companies, shall annually, between the assessment date and September 1, make a written report, verified by the oath of the president or chief accounting officer, to the assessor of the county in which its principal office or chief place of business is situated or in which property subject to taxation in this state is located if the corporation does not have a principal office or chief place of business in this state, showing the following items: (1) The quantity, location and fair market value of all of its real estate, and tax district or districts in which it is located; and (2) the kinds, quantity and fair market value of all its tangible personal property in each tax district in which it is located.

(b) The oath required for this section shall be substantially as follows:

State of West Virginia, County ................., ss:

I, ...................., president (treasurer or manager) of (here insert name of corporation), do solemnly swear (or affirm) that the foregoing is, to the best of my knowledge and judgment, true in all respects; that it contains a statement of all the real estate and tangible personal property that the value affixed to such property is, in my opinion, its value, by which I mean the price at which it would sell if voluntarily offered for sale on such terms as are usually employed in selling such property, and not the price which might be realized at a forced or auction sale; and said corporation has not, to my knowledge, during the sixty-day period immediately prior to the assessment date converted any of its assets into nontaxable securities or notes or other evidence of indebtedness for the purposes of evading the assessment of taxes thereon; so help me, God.

The officer administering the oath shall append thereto the following certificate:

Subscribed and sworn to before me by .................... this the .......... day of ................., 20 ......

§11-3-12. Assessment of corporate property; reports to assessors by corporations.

Bills Affecting §11-3-12

2002 Regular Session: HB4437
2002 Regular Session: SB544
2004 Regular Session: HB4058
2004 Regular Session: SB23
2004 Regular Session: SB204
2005 1X: HB103
2005 1X: SB1004
2005 Regular Session: HB2540
2005 Regular Session: HB3125
2005 Regular Session: SB167
2005 Regular Session: SB609
2006 Regular Session: HB2540
2006 Regular Session: SB117
2007 Regular Session: HB3145
2007 Regular Session: SB455
2007 Regular Session: SB752
2008 Regular Session: HB4357
2008 Regular Session: HB4684
2008 Regular Session: SB117
2008 Regular Session: SB498
2008 Regular Session: SB585
2009 Regular Session: SB371
2009 Regular Session: SB484
2009 Regular Session: SB728
2009 Regular Session: SB755
2010 Regular Session: SB401
2011 Regular Session: HB2836
2011 Regular Session: SB243
2012 Regular Session: HB4088
2012 Regular Session: SB208
2016 Regular Session: HB4434
2016 Regular Session: HB4563
2016 Regular Session: SB293
2019 Regular Session: HB2941
2020 Regular Session: HB2941
2020 Regular Session: HB4382
2021 Regular Session: HB2096
2021 Regular Session: HB2794
2021 Regular Session: HB3260
2021 Regular Session: SB445
2021 Regular Session: SB446
2021 Regular Session: SB462