Sales tax on automobiles.

2016
STATE OF WYOMING
16LSO-0261
Introduced
1.3

HOUSE BILL

NO.

HB0153

Sales tax on automobiles.

Sponsored by:
Representative(s) Esquibel, K., Blackburn and Madden and Senator(s) Meier and Peterson

A BILL

for

AN ACT relating to sales and use tax; amending the basis of sales and use tax for specified vehicles; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 39
‑
15
‑
103(
b)(ii) and 39
‑
16
‑
103(b)(ii) are amended to read:

39
‑
15
‑
103
.

Imposition.

(b)

Basis of tax. The following shall apply:

(ii)

For purposes of W.S. 39
‑
15
‑
107(
b)(i), the sales price of motor vehicles, house trailers, trailer coaches, trailers or semitrailers shall be
declared by the purchaser upon a copy of the original invoice from the vendor
.

or upon an affidavit furnished by the department if not purchased from a vendor and the tax collected shall be based upon the declaration or invoice

For sales other than by a vendor or dealership, the basis of the tax is the greater of the amount declared on a bill of sale or the average retail price for the vehicle listed in the most current edition of a publication which is generally accepted by the automobile industry as providing an accurate valuation of vehicles. If the published retail price exceeds the amount shown on the bill of sale, the taxpayer may attempt to establish, to the satisfaction of the county treasurer, that the price declared on the bill of sale is a true and correct indication of the fair market value of the vehicle at the time of sale. If the county treasurer determines that the price declared on the bill of sale is not a correct indication of the fair market value of the vehicle at the time of sale, the sales price shall be deemed to be the published retail price of the vehicle
;

39
‑
16
‑
103
.

Imposition.

(b)

Basis of tax. The following shall apply:

(ii)

For purposes of W.S. 39
‑
16
‑
107(
b)(ii), the sales price of motor vehicles, house trailers, trailer coaches, trailers or semitrailers as defined by W.S. 31
‑
1
‑
101 shall be
declared by the purchaser upon a copy of the original invoice from the vendor
.

or upon an affidavit furnished by the department if not purchased from a vendor and the tax collected shall be based upon the declaration or invoice

For sales other than by a vendor or dealership, the basis of the tax is the greater of the amount declared on a bill of sale or the average retail price for the vehicle listed in the most current edition of a publication which is generally accepted by the automobile industry as providing an accurate valuation of vehicles. If the published retail price exceeds the amount shown on the bill of sale, the taxpayer may attempt to establish, to the satisfaction of the county treasurer, that the price declared on the bill of sale is a true and correct
indication of the fair market value of the vehicle at the time of sale. If the county treasurer determines that the price declared on the bill of sale is not a correct indication of the fair market value of the vehicle at the time of sale, the sales price shall be deemed to be the published retail price of the vehicle
;

Section
2
.

This
act is effective July 1,
201
6
.

(END)

1
HB0153