Engel Volkers - Jackson Hole - Flipbook - Page 33
E n g E l & Vö l k E r s | B U Y E r & s E l l E r g U I D E
Wyoming is one of the most
tax friendly states in America
for both individuals and
corporations.
owning land in Wyoming can o昀昀er signi昀椀cant reductions in federal
income taxes through the strategic use of conservation easements
while protecting the land. here are some of the incredible advantages
of owning property in Wyoming.
• no personal or corporate income tax.
• in Wyoming, you can shield your real estate from federal estate
taxes for up to 1,000 years through a dynasty trust for the benefit
of your family or other beneficiaries.
• no inheritance or estate tax.
• no state gift Tax. The Federal gift tax applies with an exemption of
$15,000 annually per recipient, but property owners in Wyoming
can gift that real estate to their heirs without paying a state gift tax.
• no Tax on out-of-state retirement Income.
• Low Property taxes.
• no excise taxes.
• no tax on mineral ownership.
• no Intangible Taxes - Wyoming doesn’t make you pay taxes on
financial assets like stocks and bonds.
• no Tax on the sale of real Estate.
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