CB&T Operations Co. v. Tax Commissioner of the West Virginia

McGRAW, Justice:

Appellants in this ease, CB & T Operations Company, Inc., (“CB & T Operations”), and its parent company, CB & T Financial Corp. (“CB & T Financial”), challenge the circuit court’s rulings upholding assessments against them for use tax imposed by the Tax Commissioner of the State of West Virginia (“Tax Commissioner”) pursuant to W. Va. Code § 11-15A-2 (1989) (Repl.Vol.1995), in connection with appellants’ ostensible lease of data-processing equipment and related software from one of CB & T Financial’s bank subsidiaries. We reverse, finding that the transactions at issue are…