Tax Benefits of O&er'ip in Wyoming
_________________________________________________________________________
There
are
numerous
reasons
why
those
who
live
in
Jackson
Hole
have
chosen
to
have
their
primary
residences
here.
Some
of
those
reasons
are
emo7onal,
such
as
the
sheer
beauty
of
the
natural
surroundings
and
the
tremendous
quality
of
life.
Other
reasons
are
more
prac7cal
in
scope
and
include
Wyoming's
overall
tax-
climate
benefits.
For
years,
Bloomberg
has
rated
Wyoming
as
the
most
tax-
friendly
state
in
the
U.S.
HERE'S
WHY
.
.
.
§
NO
personal
or
corporate
state
income
tax.
§
Shield
your
real
estate
from
federal
estate
taxes
for
up
to
1,000
years
through
a
dynasty
trust.
A
key
point
to
remember
is
that
the
trust
must
be
administered
in
Wyoming.
§
NO
inheritance
tax
or
estate
tax.
Wyoming
repealed
its
estate
tax
as
of
January
1,
2005.
§
NO
state
gig
tax.
You
can
`gig'
your
real
estate
to
your
heirs
without
paying
a
tax.
§
NO
tax
on
out-
of-
state
re7rement
income.
§
Low
property
taxes
compared
to
other
states.
§
NO
excise
taxes.
When
you
fill
up
your
car's
gas
tank
or
buy
a
bag
of
groceries
in
Wyoming,
you
will
not
pay
any
state
tax
on
your
gas
or
food.
§
NO
intangible
taxes
on
financial
assets
like
stocks
and
bonds.
§
NO
tax
on
the
sale
of
real
estate.
§
NO
tax
on
mineral
ownership.