One of the few US states without a state income tax is Wyoming. On the majority of products and services bought and sold within the state, there is a sales tax. In Wyoming, the standard sales tax rate is 4%, however it can be as high as 8% in some counties and cities.
Wyoming has a slightly varied set of regulations regarding online sales tax. The Supreme Court of the United States issued a decision in 2018 allowing states to mandate that out-of-state vendors collect sales tax from customers making online purchases. Wyoming moved quickly to enact a law requiring online merchants to charge sales tax on items delivered there. Therefore, you will be charged the Wyoming sales tax rate if you order something online and have it transported to Wyoming.
Businesses must register with the Wyoming Department of Revenue and get a sales tax license in order to pay sales tax in Wyoming. Businesses are able to collect and send sales tax to the state thanks to the license. Payments can be made by credit card or electronic bank transfer, and sales tax returns can be filed online through the department’s website.
Groceries, prescription medications, and some medical gadgets are exempt from sales tax in Wyoming. Sales tax is not required to be paid by government agencies or non-profit organizations when they buy things for internal use. Additionally, some towns and counties provide exemptions for certain sorts of enterprises or sectors.
Moving on to Montana, it doesn’t impose a sales tax there. Therefore, there is no sales tax on internet goods delivered to Montana. However, you could still need to pay use tax on a purchase if you make it in a state that charges sales tax and have it sent to Montana.
And finally, Wyoming taxes digital subscription fees. Digital goods like e-books and streaming services are regarded by the state as tangible personal property that is subject to sales tax. Therefore, the Wyoming sales tax rate will be applied if you buy a digital subscription and have it billed to a Wyoming address.
In conclusion, Wyoming does impose a sales tax on internet orders that are delivered within the state. There are exemptions for some products and organizations, and businesses are obligated to collect and remit sales tax. Digital subscriptions are taxed in Wyoming, but there is no sales tax in Montana. It is advised to speak with a tax expert or the Wyoming Department of Revenue if you have any more queries or worries.
Yes, depending on the individual items purchased and the location of the sale, Montana residents who make purchases in Wyoming may need to pay sales tax. Before making a purchase, Montana residents should confirm the applicable rates in Wyoming as they vary by county. However, because there is no state sales tax in Montana, locals might not be accustomed to paying it when making purchases.