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Form Wv/spf-100es - West Virginia Estimated Income/business Franchise Tax Payment For S Corporation And Partnership Page 2

BUSINESS FRANCHISE TAX

If your Business Franchise Tax liability is expected to be at least $12,000 per year after tax credits, estimated

tax payments are required and due in four equal installments on the 15th day of the fourth, sixth, ninth and

twelfth months of the tax year. At least 90% of the tax liability is required. The correct WV account identifica-

tion number must be shown on each payment voucher to ensure proper processing of the payments.

The Business Franchise Tax rates, based on taxable capital with a minimum tax of $50, are listed below. For tax

years beginning:

From

Rate

01/01/2009

12/31/2009

.48%

01/01/2010

12/31/2010

.41%

01/01/2011

12/31/2011

.34%

01/01/2012

12/31/2012

.27%

01/01/2013

12/31/2013

.20%

01/01/2014

12/31/2014

.10%

For more information about the West Virginia Business Franchise Tax refer to W.Va. Code §11-23-1, et seq.

WEST VIRGINIA INCOME TAX WITHHOLDING FOR NONRESIDENTS

West Virginia tax law (W.Va. Code §11-21-71a) requires withholding tax on West Virginia source income of

nonresident partners and nonresident S corporation shareholders.

For tax years beginning on or after January 1, 2008 the withholding tax rate is 6.5%.

DO NOT DUPLICATE THESE FORMS

Form Wv/spf-100es - West Virginia Estimated Income/business Franchise Tax Payment For S Corporation And Partnership Page 2