Wyoming DOR Issues Revised Information Regarding Sales Taxability of Fees, Surcharges on Motor Vehicle Leases, Rentals

The Wyoming Department of Revenue Feb. 1 issued revised information on the taxability of fees, surcharges, and supplemental costs added to the lease or rental of a motor vehicle, for sales and use and excise tax purposes. The taxable items under fees and surcharge include: 1) cash down payments, recurring monthly payments, and purchase options; 2) commissions paid to sales agents for their services in making sales; 3) title or registration fees, disposition fees, document fees, and early termination fees; 4) excess mileage damages; and 5) federal excise taxes imposed on any person other than the final consumer. The items ...