| Taxes |
| Sunday, 05/27/2007 |
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Taxes Paid by Coal Industry in WV Download here. Severence Tax In 1987, West Virginia enacted a severance tax on coal. The tax amounts to 5% of the sale price of mined coal. |

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“The West Virginia Coal Economy 2008”West Virginia University/Marshall University “The West Virginia Coal Economy 2008” Since the discovery of coal in Boone County in 1742 by John Peter Shirley, West Virginia has substantially benefited from the coal mining industry. Coal mining has been a significant part of West Virginia’s economy in terms of Gross Domestic Product4, employment, wages, and tax revenues. The scope of this report is to quantify the economic impact of the coal mining industry on the West Virginia economy with special emphasis on 2008. |