Foundational Principles of Wyoming Property Taxation – Part II

June 19, 2023 Filed under 'Wyoming Tax'

This is a continuation of a brief overview of key Wyoming property tax principals for Wyoming ad valorem taxation. Board of Equalization. The County Commissioners sit as the Board of Equalization.[1] The Board of Equalization hears complaints of property assessments.[2] Presumption. Once an assessor arrives at a value for a property, “[a] strong presumption favors…

Foundational Principles of Wyoming Property Taxation – Part I

June 19, 2023 Filed under 'Wyoming Tax'

Wyoming does not have a state income tax. Therefore, property taxation, also known as ad valorem taxation, plays a key role in funding Wyoming state and local government operations. Below is a brief overview of key Wyoming property tax principles for Wyoming ad valorem taxation. Constitution. The Wyoming state Constitution is the starting point for…