011-2 Wyo. Code R. §§ 2-8 - Credits and Refunds

(a) Credit. Credits may automatically be applied against the next appropriate liability on the account unless requested otherwise by the taxpayer.

(b) Refunds. Refund requests shall be made in writing to the Department and shall explain the basis of the refund request. Supporting documentation evidencing the overpayment shall be retained by the vendor. The date of refund request shall begin tolling the statute of limitations once all documents required for a determination have been received by the Department. A taxpayer seeking refund of taxes overpaid to a vendor shall seek a refund from the vendor. The notice to the vendor shall contain the information necessary to determine the validity of the request.

(c) Repossession. No refund of sales or use tax shall be made as a result of repossession of tangible personal property.

(d) Refund Requests Referred to the Department of Audit. Such refunds shall only toll the ninety (90) day statute of limitations for refunds if the Department of Audit accepts the refund referral for an audit engagement.

Notes

011-2 Wyo. Code R. §§ 2-8

Amended, Eff. 8/31/2023. Amended, Eff. 9/4/2024.