Wyoming Statutes

§ 39-15-406 — Cooperating sovereigns

Wyoming·Title 39 Taxation and Revenue·Ch. 15 SALES TAX·Art. 4 UNIFORM SALES AND USE TAX ADMINISTRATION ACT

The agreement authorized by this article is an accord among
individual cooperating sovereigns in furtherance of their
governmental functions. The agreement provides a mechanism among
the member states to establish and maintain a cooperative,
simplified system for the application and administration of
sales and use taxes under the duly adopted law of each member
state.

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Nearby Sections

15

§ 39-15-101

§ 39-15-102

Administration; confidentiality

§ 39-15-103

§ 39-15-104

§ 39-15-105

§ 39-15-106

Licenses; permits

§ 39-15-107

Compliance; collection procedures

§ 39-15-107.2

Voluntary disclosure

§ 39-15-107.3

Voluntary licensing and monetary allowances offered under the streamlined sales tax agreement

§ 39-15-108

§ 39-15-109

Taxpayer remedies

§ 39-15-110

Statute of limitations

§ 39-15-111

Any taxes recovered by the collection agencies and remitted to the department shall be distributed in accordance with W.S. 39-15-111(b). Any person owing a tax submitted to a collection agency may be assessed a fee in an amount necessary to cover the cost of collection, not to exceed twenty percent (20%) of the tax owed, as provided in W.S. 9-1-415(a). The collection agency shall collect the fee with the tax that is submitted for collection and the amount collected as a fee may be deducted from funds remitted to the department. The contracts entered into under this paragraph shall not be for a term of more than two (2) years and shall be awarded only after competition; (xi) If a vendor or direct payer pays taxes due and payable under this chapter on or before the fifteenth day of the month that the taxes are due under paragraph (v) of this subsection, a credit shall be allowed against the taxes imposed by this chapter for expenses incurred by a vendor or direct payer for the accounting and reporting of taxes. The credit is equal to one and ninety-five hundredths percent (1.95%) of the amount of tax due, provided that the total credit under this paragraph and W.S. 39-16-107(b)(viii) shall not exceed five hundred dollars ($500.00) in any month. The vendor or direct payer shall deduct the credit for each tax period on forms prescribed and furnished by the department. The credit shall be deducted only from the share of the tax that is distributed to the general fund under W.S. 39-15-111(b)(i)

§ 39-15-201

§ 39-15-202

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