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Any kind of economic activity could trigger the nexus, once your total sales reach a certain threshold amount. The threshold in Wyoming is $100,000 in annual sales or 200 separate sales transactions, whichever your business reaches first.

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.

Is my Wyoming non-profit corporation eligible for any state tax exemptions? Yes. Nonprofit corporations in Wyoming are not required to pay a corporate income tax, as Wyoming doesn't have one. Additionally, nonprofit corporations may be eligible for sales tax if they meet the requirements of the WY state government.

Can I drive on a bill of sale? In Wyoming, individuals can drive on a notarized bill of sale for 60 days provided the title is being held in a lien: otherwise 45 days on a properly executed title.

Tax-exempt goods Examples include groceries purchased with food stamps, prescription medications, and most medical supplies. We recommend businesses review the laws and rules put forth by the Wyoming Department of Revenue to stay up to date on which goods are taxable and which are exempt, and under what conditions.

Anyone can draft a bill of sale in Wyoming. As long as the bill of sale has been signed by all involved parties, it can be legally binding. Notarization can help it hold up in court. While you can create a bill of sale by yourself, it's easier to refer to state-provided forms or templates online.