Appendix 1 "Worksheet - Annual Report - Not a Public Record" - Wyoming

What Is Appendix 1?

This is a legal form that was released by the Wyoming Secretary of State - a government authority operating within Wyoming. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • The latest edition provided by the Wyoming Secretary of State;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;

Download a printable version of Appendix 1 by clicking the link below or browse more documents and templates provided by the Wyoming Secretary of State.

ADVERTISEMENT
ADVERTISEMENT

Download Appendix 1 "Worksheet - Annual Report - Not a Public Record" - Wyoming

174 times
Rate (4.6 / 5) 10 votes
Appendix 1 Worksheet - Annual Report - Not a Public Record
List only Assets Located and Employed in Wyoming
A balance sheet is provided below (similar to Schedule L of IRS Form 1120, 1120S, or Form 1065 for partnerships)
showing the items to be included in computing "total assets" (with the three exceptions):
1.
Cash
$______________________
2a.
Trade Notes & Accounts Receivable
$______________________
2b.
Subtract Allowance for bad debts
$(____________________)
$______________________
3.
Inventories
$______________________
4.
U.S. Government Obligations
$______________________
5.
Tax-Exempt Securities
$______________________
6.
Other Current Assets
$______________________
7.
Loans to Stockholders
$______________________
8.
Mortgage and Real Estate Loans (loans or investments owned not your debts)
$______________________
9.
Other Investments
$______________________
10.
Buildings & Other Depreciable Tangible Assets, real and personal (Use
assessed valuation). DO NOT subtract accumulated depreciation from assessed
valuation. For depreciable assets which are not assessed, use balance sheet
depreciation subtracted.
$______________________
11.
Depletable assets (soda, coal, mineral oil, precious metals, saline, or other
valuable deposits); the value is equal to the assessed value of the gross product
produced for the fiscal year most recently ended.
$______________________
12.
Land (Use assessed valuation.)
$______________________
13a.
Intangible Assets
$______________________
13b.
Subtract Accumulated Amortization
$(____________________)
$______________________
14.
Other assets
$______________________
15.
Total Asset Value for computing tax (add lines 1-14)
$______________________
The filing fee is $50 or two-tenths of one mill on the dollar ($.0002) whichever is greater.
For example:
Assets
Fee
$0 - $250,000
$50
> $250,000
Multiply Total Assets by .0002
Annual Report License Tax Rules
Section 1. Definitions. (a) "Assessed value" is the taxable value of an asset subject to a Wyoming ad valorem tax as defined by
W.S. 39-11-101(a)(i) as shown on the annual assessment schedule prepared by the County Assessor. Generally, assets which
have an assessed value are reported on line 10 (buildings and other depreciable assets) and line 12 (land) on a corporation's
balance sheet. (b) "Balance sheet value" is the end of the tax year value of an asset entered on the company's balance sheet.
Balance sheet value shall be reported as contemplated in W.S. 17-16-1630 which states:
(i) "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."
(c) "Capital, property and assets" does not include the value of the corporation's stock, net worth, or the net equity of the
corporation. Capital property and assets means "total assets" from the company's balance sheet (similar to line 15 of Schedule L of
IRS Form 1120 or 1120S) for the year most recently ended with three exceptions:
(i) For "Depreciable assets" (line 10) use the assessed value for any asset having an assessed value (buildings or
improvements) and use balance sheet value less accumulated depreciation for assets with no assessed value. Depreciation shall
not be deducted from "assessed value."
(ii) For "Depletable assets" (line 11) like soda, coal, mineral oil, silver or gold, use the "assessed value" of the gross
product from the mine or mining claim (amount shown on Wyoming State Department of Revenue annual gross products tax
return), not the balance sheet value;
(iii) For "Land" (line 12) use the assessed value not the balance sheet value.
Section 2. Computation of License Tax. (a) A corporation whose entire assets are located in Wyoming shall complete the
worksheet and then apply the total asset figure to the following tax schedule. A corporation whose assets are in Wyoming and in
other states shall use balance sheet values for any assets located in Wyoming (with the three exceptions described in Section 1c of
these rules) and apply the asset figure to the following tax schedule (b) The fee is $50 or two-tenths of one mill on the dollar
($.0002) whichever is greater. (c) The worksheet is incorporated herein by reference. This worksheet which discloses proprietary
informaiton is not a public record under the Public Records Act, W.S. 16-4-203(d)(v), and therefore is not disclosable to the public.
(d) The figures submitted on the Secretary of State's annual report form are public information and will be disclosed.
Appendix 1 Worksheet - Annual Report - Not a Public Record
List only Assets Located and Employed in Wyoming
A balance sheet is provided below (similar to Schedule L of IRS Form 1120, 1120S, or Form 1065 for partnerships)
showing the items to be included in computing "total assets" (with the three exceptions):
1.
Cash
$______________________
2a.
Trade Notes & Accounts Receivable
$______________________
2b.
Subtract Allowance for bad debts
$(____________________)
$______________________
3.
Inventories
$______________________
4.
U.S. Government Obligations
$______________________
5.
Tax-Exempt Securities
$______________________
6.
Other Current Assets
$______________________
7.
Loans to Stockholders
$______________________
8.
Mortgage and Real Estate Loans (loans or investments owned not your debts)
$______________________
9.
Other Investments
$______________________
10.
Buildings & Other Depreciable Tangible Assets, real and personal (Use
assessed valuation). DO NOT subtract accumulated depreciation from assessed
valuation. For depreciable assets which are not assessed, use balance sheet
depreciation subtracted.
$______________________
11.
Depletable assets (soda, coal, mineral oil, precious metals, saline, or other
valuable deposits); the value is equal to the assessed value of the gross product
produced for the fiscal year most recently ended.
$______________________
12.
Land (Use assessed valuation.)
$______________________
13a.
Intangible Assets
$______________________
13b.
Subtract Accumulated Amortization
$(____________________)
$______________________
14.
Other assets
$______________________
15.
Total Asset Value for computing tax (add lines 1-14)
$______________________
The filing fee is $50 or two-tenths of one mill on the dollar ($.0002) whichever is greater.
For example:
Assets
Fee
$0 - $250,000
$50
> $250,000
Multiply Total Assets by .0002
Annual Report License Tax Rules
Section 1. Definitions. (a) "Assessed value" is the taxable value of an asset subject to a Wyoming ad valorem tax as defined by
W.S. 39-11-101(a)(i) as shown on the annual assessment schedule prepared by the County Assessor. Generally, assets which
have an assessed value are reported on line 10 (buildings and other depreciable assets) and line 12 (land) on a corporation's
balance sheet. (b) "Balance sheet value" is the end of the tax year value of an asset entered on the company's balance sheet.
Balance sheet value shall be reported as contemplated in W.S. 17-16-1630 which states:
(i) "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."
(c) "Capital, property and assets" does not include the value of the corporation's stock, net worth, or the net equity of the
corporation. Capital property and assets means "total assets" from the company's balance sheet (similar to line 15 of Schedule L of
IRS Form 1120 or 1120S) for the year most recently ended with three exceptions:
(i) For "Depreciable assets" (line 10) use the assessed value for any asset having an assessed value (buildings or
improvements) and use balance sheet value less accumulated depreciation for assets with no assessed value. Depreciation shall
not be deducted from "assessed value."
(ii) For "Depletable assets" (line 11) like soda, coal, mineral oil, silver or gold, use the "assessed value" of the gross
product from the mine or mining claim (amount shown on Wyoming State Department of Revenue annual gross products tax
return), not the balance sheet value;
(iii) For "Land" (line 12) use the assessed value not the balance sheet value.
Section 2. Computation of License Tax. (a) A corporation whose entire assets are located in Wyoming shall complete the
worksheet and then apply the total asset figure to the following tax schedule. A corporation whose assets are in Wyoming and in
other states shall use balance sheet values for any assets located in Wyoming (with the three exceptions described in Section 1c of
these rules) and apply the asset figure to the following tax schedule (b) The fee is $50 or two-tenths of one mill on the dollar
($.0002) whichever is greater. (c) The worksheet is incorporated herein by reference. This worksheet which discloses proprietary
informaiton is not a public record under the Public Records Act, W.S. 16-4-203(d)(v), and therefore is not disclosable to the public.
(d) The figures submitted on the Secretary of State's annual report form are public information and will be disclosed.