§ 17-16-1630 — Filing of reports and payment of tax required; amount of tax; exemptions; records

Wyoming § 17-16-1630

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 16: WYOMING BUSINESS CORPORATION ACT
• Art. 16: RECORDS AND REPORTS

Text

(a) Every corporation organized under the laws of this
state and every foreign corporation which obtains the right to
transact and carry on business within this state (except banks,
insurance companies and savings and loan associations) shall
file with the secretary of state on or before the first day of
the month of registration of every year a certification, under
the penalty of perjury, by its treasurer or other fiscal agent
setting forth its capital, property and assets located and
employed in the state of Wyoming. The statement shall give the
names and addresses of its officers and directors and the
address of its principal office. On or before the first day of
the month of registration of every year the corporation shall
pay to the secretary of state in addition to all other statutory
taxes and fees a license tax based upon the sum of its capital,
property and assets reported, of sixty dollars ($60.00) or two-
tenths of one mill on the dollar ($.0002), whichever is greater.
(b) The provisions of W.S. 17-16-1630(a) shall be modified
as follows:
(i) Repealed By Laws 2000, Ch. 35, § 2.
(ii) Any corporation engaged in the public calling of
carrying goods, passengers or information interstate is not
required to comply with the provisions of W.S. 17-16-1630(a)
except to the extent of capital, property and assets used in
intrastate business in this state;
(iii) The value of all mines and mining claims from
which gold, silver and other precious metals, soda, saline,
coal, mineral oil or other valuable deposit, is or shall be
produced is deemed equivalent to the assessed value of the gross
product thereof, for the previous year;
(iv) The assessed value of any property shall be its
actual value.
(c) Financial information in the annual report shall be
current as of the end of the corporation's fiscal year
immediately preceding the date the annual report is executed on
behalf of the corporation. All other information in the annual
report shall be current as of the date the annual report is
executed on behalf of the corporation.
(d) If an annual report does not contain the information
required by this section, the secretary of state shall promptly
notify the reporting domestic or foreign corporation in writing
and return the report to it for correction.
(e) Every corporation registered or authorized to do
business in the state of Wyoming shall preserve for three (3)
years at its principal place of business, suitable records and
books as may be necessary to determine the amount of tax for
which it is liable under this act. All records and books shall
be available for examination by the secretary of state or his
designee during regular business hours except as arranged by
mutual consent.
(f) In addition to other fees provided under this section,
each corporation shall pay one hundred dollars ($100.00), except
for foreign corporations which shall pay one hundred fifty
dollars ($150.00), to the secretary of state for initial
incorporation or qualification to do business in Wyoming.