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Will I have to pay taxes in Wyoming?

March 23, 2012 Asked by Antoine

question:


As a Canadian operating an online business, if I form a LLC in Wyoming, will I have to pay any taxes in Wyoming?

Thank you

March 24, 2012 Answered by Robert Kowalski

answer:


Dear Antoine,

Wyoming has no income tax, and it only has sales tax on tangible items sold in the state. So even if you have any Wyoming-based buyers for your information products (as I understand from your previous question that is what your business would be selling) you wouldn't need to collect sales tax on those sales.

Keep in mind though that if you produce income in the US you would be required to file federal tax return and pay the tax to the IRS.


You are welcome to contact us directly via email or chat if you have any additional questions or want to get assistance with placing an order.

Good luck with your business,

Robert Kowalski @
IncorporationAnswers.org



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