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State facts from Wikipedia

The State of Wyoming is a U.S. state in the Northwestern United States region of the United States. The majority of the state is dominated by the mountain ranges and rangelands of the Rocky Mountains Mountain West, while the easternmost section of the state includes part of a high altitude prairie region known as the High Plains (United States) Plains. While the tenth largest U.S. state by size, Wyoming is the least populous, with a United States Census Bureau Census estimated population of 522,830 in 2007, a 5.9% increase since 2000. The Capital (political) and the most populous city of Wyoming is Cheyenne, Wyoming|Cheyenne.In a study just performed, 12% of people in Wyoming have visited a tax litigation attorney for corporate taxes.

Unlike most other states, Wyoming does not levy an individual or corporate income tax. In addition, Wyoming does not assess any tax on retirement income earned and received from another state. Wyoming has a state sales tax of 4%. Counties have the option of collecting an additional 1% tax for general revenue and a 2% tax for specific purposes, if approved by voters. Food for human consumption is not subject to sales tax. There also is a county lodging tax that varies from 2% to 5%. The state collects a use tax of 5% on items purchased elsewhere and brought into Wyoming.

All property tax is based on the assessed value of the property and Wyoming's Department of Revenue's Ad Valorem Tax Division supports, trains, and guides local government agencies in the uniform assessment, valuation and taxation of locally assessed property. "Assessed value" means taxable value; "taxable value" means a percent of the fair market value of property in a particular class. Statutes limit property tax increases. For county revenue, the property tax rate cannot exceed 12 mills (or 1.2%) of assessed value. For cities and towns, the rate is limited to 8 mills (0.8%). With very few exceptions, state law limits the property tax rate for all governmental purposes.

Personal property held for personal use is tax-exempt. Inventory if held for resale, pollution control equipment, cash, accounts receivable, stocks and bonds are also exempt. Other exemptions include property used for religious, educational, charitable, fraternal, benevolent and government purposes and improvements for handicapped access. Minerals are exempt from property tax but companies must pay a gross products tax and a severance tax when produced. Underground mining equipment is tax exempt.

Information gathered from Wikipedia's Wyoming page