Taxes in Wyoming provide generous opportunities for businesses and families to meet their financial needs. The State of Wyoming provides many tax breaks based upon the industry your business is in. Also, there are no State Corporate Income, Personal Income, or Inventory Taxes. There is a retail sales tax of 5%. Current local taxes include a residentail property tax of 9.5% market value, and an industrial property tax of 11.5%. There is a City Mill Levy of 8 mills, and a County Mill Levy of 12 mills. Contact the EDC today to learn about what tax incentives your organization can enjoy.