Wyoming Sales Tax Nexus Updates

Sovos
December 30, 2020

When it comes to sales tax nexus updates, Wyoming was ahead of the curve. The Cowboy State passed rules requiring remote sellers to collect and remit sales tax even before the Supreme Court’s South Dakota v. Wayfair, Inc. decision. However, Wyoming had to stay implementation of those rules until the Court made its ruling. Below we have highlighted key points in the Wyoming sales tax nexus.

Enforcement date:
February 1, 2019.

Sales/transactions threshold:
$100,000 or 200 transactions.

Measurement period:
Threshold applies to the previous or current calendar year.

Included transactions/sales:
Retail sales of tangible personal property delivered into the state.

When You Need to Register Once You Exceed the Threshold:
Next transaction.

Summary: According to state law, remote sellers must collect Wyoming sales tax when their gross revenue from sales into Wyoming exceeds $100,000 or they made 200 or more separate transactions for delivery into the state in the current or immediately preceding calendar year. Marketplace facilitators must also collect Wyoming sales tax when their gross revenue from sales made or facilitated into Wyoming exceeds $100,000 or they made or facilitated 200 or more separate transactions for delivery into the state.

Even with Wyoming implementing economic nexus law fairly in line with Wayfair, remote sellers and marketplace facilitators must ensure that they stay current on all regulations related to sales tax.

Wyoming Sales Tax Resources: For more information on Wyoming sales tax nexus updates, reach out to our team of experts. Additionally, swing by our interactive sales tax nexus map for the latest changes on every state.

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Author

Sovos

Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern transactional taxes. As VAT and sales and use tax go digital, businesses face increased risks, costs and complexity. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting. Sovos supports more than 7,000 customers, including half of the Fortune 500, and integrates with a wide variety of business applications. The company has offices throughout North America, Latin America and Europe. Sovos is owned by London-based Hg. For more information visit www.sovos.com and follow us on LinkedIn and Twitter.
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