§11-24-20. Report of change in federal taxable income.
If the amount of a taxpayer's federal taxable income
reported on its federal income tax return for any taxable year is
changed or corrected by the United States internal revenue
service or other competent authority, or as the result of a
renegotiation of a contract or subcontract with the United
States, the taxpayer shall report such change or correction in
federal taxable income within ninety days after the final
determination of such change, correction or renegotiation, or as
otherwise required by the tax commissioner, and shall concede the
accuracy of such determination or state wherein it is erroneous.
Any taxpayer filing an amended federal income tax return shall
also file within ninety days thereafter an amended return under
this article, and shall give such information as the tax
commissioner may require. The tax commissioner may by regulation
prescribe such exceptions to the requirements of this section as
he deems appropriate.
Note: WV Code updated with legislation passed through the 2016 Regular Session
The West Virginia Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.