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Sales tax and VAT updates for modern finance teams

Anrok’s team of tax experts shares the latest rate changes, taxability updates, and other news you need to know.

Wyoming

Wyoming eliminates transaction count for sales tax collection

March 7, 2024

Wyoming House Bill 197 updated the state‘s economic nexus rules by removing the 200-transaction threshold. Starting July 1, 2024, out-of-state sellers will only need to collect Wyoming sales tax if they exceed $100,000 in sales to Wyoming customers.

The bottom line: Businesses with low-value but high-volume sales to Wyoming will no longer face tax collection requirements based solely on transaction count.

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