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By LexiState Editorial DeskUpdated April 1, 2026AboutMethodology

FAQ pages are short editorial summaries of the longer state and tax guides. Use the linked state agency before filing or relying on a deadline.

Does Wyoming Impose a Franchise, Margin, Gross Receipts, or Minimum Business Tax on LLCs?

Yes. Wyoming imposes a separate business tax on LLCs beyond ordinary pass-through treatment.

What the Current State Tax Profile Shows

License Tax (all businesses): Wyoming entities file annual reports and pay a license tax, with a common $60 minimum where the statutory asset formula does not produce a higher amount.

Why This Matters for LLC Owners

LLC owners often look only at federal pass-through treatment and miss the separate state layer. The checked-in tax profile for Wyoming is meant to reduce that risk by keeping the rate, election, registration, and source-link details in structured JSON that can be refreshed later.

Official Sources