WY Wyoming State sales tax rates

STATEWIDE SALES TAX RATE

ECONOMIC SALES THRESHOLD

$100,000

TRANSACTIONS THRESHOLD

200

Do you need to collect sales tax in Wyoming?

You’ll need to collect sales tax in Wyoming if you have nexus there. There are two ways that sellers can be tied to a state when it comes to nexus: physical or economic. Physical nexus means having enough tangible presence or activity in a state to merit paying sales tax in that state. Economic nexus means passing a states’ economic threshold for total revenue or the number of transactions in that state.

Do you have physical nexus in Wyoming?

Wyoming considers a seller to have physical nexus if the following apply:

Person engaged in the business of selling at retail or wholesale tangible personal property, admissions or services which are subject to taxation.

Do you have economic nexus in Wyoming?

Effective July 1, 2017, Wyoming considers vendors who make more than $100,000 in sales in the state in the previous or current calendar year, or who make more than 200 transactions in the state in the previous or current calendar year to have economic nexus. This means the state considers these vendors obligated to collect sales tax from buyers in the state.

Is what you’re selling even taxable?

Services in Wyoming are generally not taxable, with some exceptions. However – if the service you provide includes selling, repairing, altering, or improving tangible physical property, you might have to pay sales tax.

Tangible products are taxable in Wyoming, with a few exemptions. These include some grocery items and prescription medicine.

Is SaaS taxable in Wyoming?

SaaS is non-taxable in Wyoming, since the purchaser does not have permanent use of the product.

Collecting Sales Tax

Wyoming is a destination-based sales tax state. So if you live in Wyoming, collecting sales tax is not very easy. You must collect sales tax at the tax rate where the item is being delivered. This is the same whether you live in Wyoming or not. It is also the same if you will use Amazon FBA there. The state sales tax rate in Wyoming is 4%.

Should you collect sales tax on shipping charges in Wyoming?

Delivery charges (both shipping and handling) are subject to sales tax in Wyoming.

When are Returns Due?

When you file and pay Wyoming sales tax depends on two things: your assigned filing frequency and your state’s due dates.

How often will you file sales tax returns in Wyoming?

States assign you a filing frequency when you register for your sales tax permit. In most states, how often you file sales tax is based on the amount of sales tax you collect from buyers in the state.

In Wyoming, you will be required to file and remit sales tax either monthly, quarterly, or annually.

Wyoming sales tax returns are almost always due the last day of the month following the reporting period. If the filing due date falls on a weekend or holiday, sales tax is generally due the next business day.