Like Nevada, Wyoming does not impose a state corporate income tax or other taxes. And like Nevada, the key is you must have nexus in the state of Wyoming in order to qualify for the tax savings, otherwise your Wyoming Corporation or LLC will need to register (or qualify) to do business in the state where you live and operate your business. This will negate any tax savings that Wyoming may have to offer. Even an Internet business must determine where nexus is created in the operation of their business.
Entries Tagged 'Wyoming' ↓
Nevada Vs Wyoming, In Which State Should I Incorporate?
July 3rd, 2008 — Incorporation, Nevada Corporations, Wyoming
