Wyoming is Tax Friendly State in America
Wyoming Tax Benefits
- No state income tax on personal or corporate income
- No state inheritance tax or estate tax
- No state excise taxes on gas or food
- No tax on the sale of real estate
- No state capital gains tax
- Dynasty trusts are permitted to shelter assets from generation to generation
- Wyoming Close LLC statute
- No tax on out-of-state retirement income
- No state gift tax
- No intangible taxes on financial assets
- No personal property tax on property held for personal use
- No tax on individual mineral interest
- Lower property taxes based on the assessed value