Moncrief v. Wyoming State Board of Equalization

TAYLOR, Justice.

W.A. Moncrief, Jr. and BHP Petroleum Company, Inc. (Taxpayers) seek judicial review of an administrative determination rendered by the Wyoming State Board of Equalization (Board). Through an audit, the Wyoming Department of Revenue (Department) determined that the Taxpayers failed to include ad valorem tax reimbursements when valuing natural gas production for the years 1975 through 1986 for purposes of the state severance tax. 1 The Department notified the Taxpayers of the additional severance tax and demanded payment, as well as interest, from the date the unpaid tax would…