Doing Business

/Doing Business

Wyoming SugarWashakie County, Wyoming makes good business sense partly because of low taxes. Not having to pay corporate or personal income taxes helps business owners enjoy higher earnings. The fact Wyoming also has no personal income tax, provides a low cost of labor as well. Wyoming ranked third in 2010 in the “State Business Tax Climate Index,” which ranks from 1 (best) to 50 (worst) the tax systems of the 50 states.

The state is ranked first overall in both the corporate tax and individual income tax index rankings which means you can’t find a more business friendly tax structure. For property tax, Wyoming was 46th. Wyoming also boasts a sales and use tax exemption on equipment used directly and predominantly in the manufacturing process, for manufactures in the 31-33 NAICS Classifications.

Crown 2Washakie County has world class outdoor recreation, is a great place to raise a family and has a diverse economy making it a great place to work and play!