Taxes - Forward Sheridan

Taxes in Sheridan, Wyoming

Applicable Tax		State	County	City
Corporate Income Tax		No	No	No
Manufacturing Machinery		No	No	No
Raw Materials & Goods in Process		No	No	No
Inventory Tax		No	No	No
Retail Sales Tax (6% total) (1% returns to local)		4%	1% Opt*	1%CF*
Personal Property Tax (Collected by County and redistributed between city and county)		No	Yes	Yes
Intangible Property Tax		No	No	No
School Utilities Tax		No	No	No
Personal Income Tax		No	No	No
Retirement Income From Other States		No	No	No
Corporate Licensing (based on WY assets)		Yes	No	No
Fuel/Highway Use Tax		Yes	No	No
Payroll Tax (Local)		No	No	No
Unemployment Insurance (Base Rate $14,700) (Rated by Groups)		Yes	No	No
Worker Compensation (Rates vary by occupation)		Yes	No	No
		*County 1% Optional Sales Tax & City 1% Capital Facilities Tax
Real Estate Taxes in Sheridan County
Businesses looking to relocate can expect to pay a mill levy in the following ranges: 63.5 in some areas of School District #2 and School District #3 66.5 in most of rural Sheridan County 71.5 mills in Clearmont and the City of Sheridan 74.4 in Ranchester/Dayton. All business/industrial zoning in Sheridan County is within incorporated cities/towns. Mill levies support the following: state, county, city/incorporated towns, school districts, school district recreation, county weed & pest, library, hospital, fire districts, etc.
Assessed Valuation:		Example: (Commercial Property in Sheridan City Limits)
Commercial	9.5% of Market Value	Commercial Property Market Value			$100,000.00
Residential	9.5% of Market Value	Assessed Valuation Rate (9.5% Market Value)			X 9.5%
Agricultural	9.5% of Production Value	Assessed Value of Property			$9,500.00
Industrial	11.5% of Market Value	Tax Rate (City of Sheridan) (71.5 mills)			X .0715
Minerals	100% of Market Value	Total Real Estate Tax on this Property			$679.25