Section 39-14-604 – Tax Rate.
39-14-604. Tax rate. The total severance tax rate for sand and gravel shall be two percent (2%). The tax shall be distributed as provided in W.S. 39-14-611.
Section 39-14-605 – Exemptions.
39-14-605. Exemptions. There are no specific applicable provisions for exemptions for this chapter.
Section 39-14-511 – Distribution.
39-14-511. Distribution. (a) The taxes imposed by W.S. 39-14-504 shall be deposited into the severance tax distribution account. (b) Repealed By Laws 2002, Ch. 62, § 2. (c) All payments received pursuant to W.S. 39-14-507(b)(iii) shall be transferred to an account. The monies in this account shall be invested or deposited in accordance with W.S. […]
Section 39-14-601 – Definitions.
39-14-601. Definitions. (a) As used in this article: (i) “Arm’s-length market or sales price” means the transaction price determined in connection with a bona fide arm’s length sale; (ii) “Bona fide arm’s-length sale” means a transaction in cash or terms equivalent to cash for specified property rights after reasonable exposure in a competitive market between […]
Section 39-14-602 – Administration; Confidentiality.
39-14-602. Administration; confidentiality. (a) The department shall annually value and assess the gross product of all mines and mining claims at its fair market value for taxation. (b) The department shall annually value the gross product for the preceding calendar year, in appropriate unit measures of all mines and mining claims from which valuable deposits […]
Section 39-14-508 – Enforcement.
39-14-508. Enforcement. (a) General. The following shall apply: (i) If the statement provided by W.S. 39-14-507(a)(i) is not filed, the department shall value the property from the best information available. The department may use information other than contained in the statement provided by W.S. 39-14-507(a)(i) to determine the fair market value of the property provided […]
Section 39-14-509 – Taxpayer Remedies.
39-14-509. Taxpayer remedies. (a) Interpretation requests. The following shall apply: (i) The taxpayer may request a value determination from the department and propose a value determination method which may be used until the department issues a value determination. The taxpayer shall submit all available data relevant to its proposal and any additional information the department […]
Section 39-14-510 – Statute of Limitations.
39-14-510. Statute of limitations. Except as otherwise provided in this article, there is no general statute of limitations for this article.
Section 39-14-505 – Exemptions.
39-14-505. Exemptions. (a) Repealed by Laws 2016, ch. 16, § 2. (b) Repealed by Laws 2016, ch. 16, § 2. (c) There are no specific applicable provisions for exemptions for this article.
Section 39-14-506 – Licenses; Permits.
39-14-506. Licenses; permits. There are no specific applicable provisions for licenses and permits for this chapter.