taxesUpdated 2026-04-01
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.