Get Wy Form 42-1 2020-2025

Wyoming Sales Tax Exemptions. Wyoming doesn't collect sales tax on purchases of most prescription drugs and groceries. In most states, necessities such as groceries, clothes, and drugs are exempted from the sales tax or charged at a lower sales tax rate.

Tax-exempt customers Some customers are exempt from paying sales tax under Wyoming law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.

Some items are exempt from sales and use tax, including: Sales of certain food products for human consumption (many groceries) Sales to the U.S. Government. Sales of prescription medicine and certain medical devices. Sales of items paid for with food stamps.

How do you register for a sales tax permit in Wyoming? You can apply online at the Wyoming Internet Filing System for Business. You can also apply on paper and mail or fax in the Wyoming Sales/Use Tax Application. You can call (307) 777-5200 for assistance completing the application.

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.

Wyoming Tax Facts: Sales Tax. The state of Wyoming has a 4% sales tax that applies to each purchase made, except for some services, groceries and prescription drugs, in all 23 counties. This means that for each dollar spent on purchasing goods or services in Wyoming, an additional 4 cents is charged for state sales tax ...

What purchases are exempt from the Wyoming sales tax? Clothing. 4% Groceries. EXEMPT. Prepared Food. 4% Prescription Drugs. EXEMPT. OTC Drugs. 4%

Wyoming does not have an individual income tax. Wyoming also does not have a corporate income tax. Wyoming has a 4.00 percent state sales tax, a max local sales tax rate of 2.00 percent, and an average combined state and local sales tax rate of 5.36 percent.

The purchase of goods for further manufacture or for resale is uniformly exempt from sales tax. Most jurisdictions exempt food sold in grocery stores, prescription medications, and many agricultural supplies. Sales taxes, including those imposed by local governments, are generally administered at the state level.