Putnam County Development Authority, Inc. - Bringing Every Advantage Home
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Teays Point Commercial Park
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Data Centers/IT

West Virginia has made a strong commitment to growing technology by eliminating sales tax and significantly reducing property taxes. Sales tax can be eliminated for construction costs as well as servers, hardware and software.

Electricity

  • Abundant, reliable, low-cost electricity

Alternative Energy

  • Among the largest producers of wind energy on the East Coast

Location

  • Insulated against natural and man-made disasters
  • Broadband coverage, wireless broad-brand towers, redundancy and a fiber optic network.

Significant savings for data-based businesses

The "High-Technology Business Property Valuation Act" provides special property tax valuation for equipment and tangible personal property. The property tax is reduced to approximately five percent of the tax that would otherwise apply, based on the original cost of the property. In addition, sales tax is eliminated from all purchases of prewritten computer software, computers, computer hardware, servers, building materials and tangible personal property for direct use in a high-technology business or an internet advertising business. This legislation creates significant savings to data-based businesses located in the State of West Virginia.

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Physical Address: 5664 State Route 34, Winfield, WV 25213 | Mailing Address: P.O. Box 167, Scott Depot, WV 25560

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