Wyoming
What's New
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blog
June 14, 2017State Rundown 6/14: Some States Wrapping Up Tax Debates, Others Looking Ahead to Next Round
This week lawmakers in California and Nevada resolved significant tax debates, while budget and tax wrangling continued in West Virginia, and structural revenue shortfalls were revealed in Iowa and Pennsylvania.…
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ITEP Work in Action
June 8, 2017A Better Wyoming: Guess Which Sparsely Populated Mineral Rich State is Getting an Income Tax…
Alaska stopped collecting income taxes 35 years ago, and Wyoming has never remotely considered implementing one in the 82 years since it decided instead to charge state and local sales…
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ITEP Work in Action
June 6, 2017A Better Wyoming: Everything You Know About Wyoming Taxes is Wrong
Wrong. According to the Institute on Taxation and Economic Policy (ITEP), a D.C. think tank that studies state tax policy, Wyoming’s wealthiest residents pay the lowest tax rate in the…
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blog
May 31, 2017State Rundown 5/31: Budget Woes Spurring Special Legislative Sessions
This week, special legislative sessions featuring tax and budget debates are underway or in the works in Kentucky, Minnesota, New Mexico, and West Virginia, as lawmakers are also running up…
By the Numbers
Personal Income Tax Features (2015) | |
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Range of Tax Rates | N/A |
Standard Deduction |
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Personal Exemption | N/A |
Dependent Exemption | N/A |
Earned Income Tax Credit (EITC) | None |
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Corporate Income Tax Features (2015) | |
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Range of Tax Rates | N/A |
Income Level at Which Top Rate Applies | N/A |
Combined Reporting | N/A |
Apportionment Factor (Payroll) | N/A |
Apportionment Factor (Property) | N/A |
Apportionment Factor (Sales) | N/A |
Sales Tax Features (2015) | |
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State Sales Tax Rate | 4.00% |
Average Local Sales Tax Rate | 1.45% |
Average Combined State & Local Sales Tax Rate | 5.45% |
State Sales Tax Treatment of Groceries | Exempt |
Local Sales Tax Treatment of Groceries | Exempt |
Number of Services Taxed | 58 out of 168 surveyed (2007) |
Streamlined Sales Tax Membership | Full |
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Property Tax Features (2015) | |
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Other Tax & Revenue Features (2015) | |
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Gasoline Tax Rate (per gallon) | $0.24 |
Diesel Tax Rate (per gallon) | $0.24 |
Cigarette Tax Rate (per pack) | $0.60 |
Estate or Inheritance Tax | No |
Net Lottery Sales Per Capita | N/A |
Tax Policy Oversight | |
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Tax Expenditure Report | None |
Tax Incidence Analysis Capability | None |
Last updated January 13, 2015
RESOURCES
State Tax & Revenue Information
- Wyoming Department of Revenue
- Wyoming Department of Revenue - Publications
- Wyoming State Legislature - Budget/Fiscal Information