The Tax Foundation, a nonprofit research group, annually ranks each state in regard to its business-tax climate. The rankings account for tax rates for business profits and personal income, sales tax, unemployment-insurance tax, and property tax. Here are the top 5 states with the lowest business taxes for 2009:
1. Wyoming
2. South Dakota
3. Nevada
4. Alaska
5. Florida
For the full list, click here.
Source:
BusinessWeek: States: Lowest Business Taxes, 2009
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