State Business Tax Climate

The Tax Foundation has released their annual report ranking the tax burden and complexity of each State’s tax system.  The best 10 States for business are:

1. Wyoming
2. South Dakota
3. Alaska
4. Florida
5. Nevada
6. New Hampshire
7. Texas
8. Delaware
9. Montana
10. Oregon

The Worst 10 States are:

41. Arkansas
42. Iowa
43. Nebraska
44. Kentucky
45. Maine
46. Vermont
47. Ohio
48. Rhode Island
49. New Jersey
50. New York

Hmmm…sounds like a great reason to incorporate in Nevada or any of the other business friendly states!

This entry was posted on Tuesday, February 28th, 2006 at 3:22 pm and is filed under Incorporating in Nevada, Small Biz Management. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.