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What’s the business tax climate in your state?

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in Small Business Tax

Do you want to see how your state ranks in terms of business tax competitiveness? The Tax Foundation’s State Business Tax Climate Index ranks how “business-friendly” the 50 state tax systems are, providing a road map for state lawmakers concerned with keeping their states tax-competitive and businesses looking for tax-friendly locations.

The index ranks states based on the taxes that matter most to businesses and business investment: corporate tax, individual income tax, sales tax, unemployment tax and property tax.

Wyoming tops the list, followed by South Dakota. At the bottom of the list: Rhode Island and New Jersey.

—Adapted from AccountingWEB Inc., www.accountingweb.com.


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