Tax Benefits in Wyoming
Startupr
18 July, 2017

Wyoming is well-known as one of the lowest taxed states in the US. See below how you can benefit from doing business in Wyoming.
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No state income tax
There is no tax on personal or corporate income -
No state capital gains
Capital gains taxes are taxes that you need to pay when you sell and asset that has gone in value. -
Low sales tax
With 4% sales tax Wyoming belongs among states with the lowest sale taxes. -
No tax on the sale of real estate
Wyoming real estate sales are not taxed -
No excise tax
Want to fill up your car with gas or buy groceries? You will not pay any state tax on your gas or food -
Low property taxes
It has super low property taxes compared to any other state. -
No inheritance tax and no estate tax
There is no state inheritance tax assessed -
No tax on out-of-state retirement income
Wyoming does not tax retirement income that comes from other states where they are residents and if the participant is a resident of Wyoming then the original state cannot tax that income either. -
No state gift tax
Anybody who owns real estate in Wyoming can gift that property to their heirs without having to worry about paying a state tax -
No intangible tax
No tax on financial assets such as stocks and bond. -
No tax on mineral ownership
Unlike many other states, Wyoming won't charge you a tax on mineral ownership
Starting a company in this business-friendly state can save you a lot of money, not to mention your time.
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