Wyoming compliance at a glance
- Sales tax: 4.00% state rate. State 4%; combined 5-6% with county option.
- Late fees: Up to 1.5% per month. (Wyo. Stat. §40-14-106) Default 7%/yr; contract rates allowed.
- Prompt-pay law: Wyoming Prompt Payment Act (Wyo. Stat. §16-6-602 for public; §16-6-602 for construction). Public: 45 days for payment. Construction subs paid within 30 days of GC receiving payment.