011-14 Wyo. Code R. §§ 14-22 - Partial exemption

(a) A partial exemption may only be allowed where a separately identifiable portion of the property is used for qualified purposes (either primarily or exclusively, based on the legal requirement). Where a partial exemption is allowed, the non-exempt portion shall be taxed according to its proportionate value, if any.
(b) A partial exemption may not be granted based upon percentage use of shared or common space or facilities. If a shared use is present a decision must be made as to whether the shared use is of such nature or duration as to invalidate the exemption.

Notes

011-14 Wyo. Code R. §§ 14-22
Adopted, Eff. 4/7/2015. Amended, Eff. 4/17/2024, exp. 8/15/2024 (Emergency). Amended, Eff. 8/15/2024, exp. 12/13/2024 (Emergency). Amended, Eff. 10/23/2024.

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