Filed under State Taxes. Fact checked on February 13, 2013.
Wyoming is a very friendly state when it comes to tax liability. There is no income tax on corporate or other business income in Wyoming. Plus, there is no personal income tax in Wyoming.
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Can you explain the difference between sales tax and use tax? My Montana cousin and I can't seem to agree on what these obligations are.
Wondering in Wyoming”
Dear Wondering in Wyoming,
Sales and use tax sounds so quaint—unlike the trendy "revenue enhancement" euphemism bandied abou ... Read Answer »
Pennsylvania imposes a corporate income computed the rate of 9.99 percent of corporate taxable net income attributable to Pennsylvania. If you operate your business as a sole proprietorship or via a pass-through entity, you must report your business income on your personal tax return.
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