Wyoming’s Tax Structure

Wyoming has some of the lowest taxes in the nation – and certainly one of the lowest personal tax burdens per capita. With no corporate or personal income tax, state and local governments rely heavily on mineral revenues to keep services afloat.

What is taxed in Wyoming?

Wyoming has the following taxes:

  • Business Entity License Tax
  • Commercial Vehicle Registration
  • Estate Tax
  • Excise Taxes on Fuel, Lodging, Alcohol, Tobacco, and Vapor
  • Insurance Premium Tax
  • Lodging Tax
  • Motor Vehicle Registration
  • Oil and Gas Conservation Charges
  • Pari-Mutuel Tax
  • Property Tax
  • Public Utilities Tax
  • Railroad Car Tax
  • Sales and Use Tax (state and local)
  • Severance Tax
  • Unemployment Insurance
  • Wind Energy Generation Tax
  • Worker’s Compensation

For more information on specific taxes and state revenue, visit our Publications and Reports page.

What are WYOMING’S major sources of revenue?

For more information on Wyoming’s major revenue sources, click here to read the most recent Wyoming Tax Summary (2023).

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