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WYOMING TAX FRIENDLY STATE
Wyoming reigns as one of America’s most wealth and tax-friendly states.
1. No personal or corporate income tax.
2. In Wyoming, you can shield your real estate from federal estate taxes for up to 1,000 years through a dynasty trust for the benefit of your family or other beneficiaries.
3. No Inheritance or Estate Tax.
4. No State Gift Tax. The Federal gift tax applies with an exemption of $15,000 annually per recipient, but property owners in Wyoming can gift that real estate to their heirs without paying a state gift tax.
5. No Tax on Out-of-State Retirement Income.
6. Low Property Taxes.
7. No Excise Taxes.
8. No Tax on Mineral Ownership.
9. No Intangible Taxes - Wyoming doesn’t make you pay taxes on financial assets like stocks and bonds.
10. No Tax on the Sale of Real Estate.