From 1 July 2024, Wyoming will drop its 200 annual transaction threshold for out-of-state sellers, i.e. those who have no physical presence in the state.
Instead, any remote seller making more than $100,000 in annual sales to customers residing in Wyoming will have to register to collect and remit state sales tax.
The basic sales tax rate in Wyoming is 4%. This tax covers the majority of taxable goods and services sold in the state.
These new rules significantly affect the way e-tailers manage their tax obligations in Wyoming.
For more information, don’t hesitate to contact our experts.
Source: Wyoming Legislature
