INSTRUCTIONS: WYOMING INTANGIBLE PERSONAL PROPERTY EXEMPTION APPLICATION FORM
In the state of Wyoming, business owners may file a claim seeking tax exemptions for intangible personal property related to their company such as lists of customers and manufacturing patents. This application must be submitted to the county assessor's office by March 1st of every year. The form can be found on the website of Johnson County, Wyoming.
Wyoming Intangible Personal Property Exemption Application Form Step 1: Part 1 of the form asks for your name, address and contact information, as well as the name of your representative, if any.
Wyoming Intangible Personal Property Exemption Application Form Step 2: Part 2 asks for the location of the business in question, as well as a brief explanation of the work performed there, and the county and tax district in which it is located.
Wyoming Intangible Personal Property Exemption Application Form Step 3: Part 3 requires you to sign this section, provide your job title, and give the date to certify to the truthfulness of the information provided on this form.
Wyoming Intangible Personal Property Exemption Application Form Step 4: Part 4 concerns the intangible personal property in question. Identify the asset in question, give its ID if applicable, give the citation or reference for where this asset is identified in company records, and provide a detailed explanation. A separation application must be submitted for every intangible asset.
Wyoming Intangible Personal Property Exemption Application Form Step 5: Part 5 requires you to give the original cost of the item in question, the annual depreciation rate and the accumulated depreciation value. Give an explanation of the depreciation calculation method you used.
Wyoming Intangible Personal Property Exemption Application Form Step 6: Part 6 requires you to state the gross income that can be attributed to this personal property, as well as the gross expense and net income.
Wyoming Intangible Personal Property Exemption Application Form Step 7: Part 7 should only be completed if you are aware of the sale of similar property. If so, note the buyer and seller, the date of the sale, and give a description of this transaction.
Wyoming Intangible Personal Property Exemption Application Form Step 8: Part 8 should only be completed if your property was appraised by an independent third party. If so, give their name, the date of the examination and all other information concerning their appraisal.
