Special Report

Most (and Least) Tax-Friendly States for Business

Las Vegas, Nevada 2
Source: Thinkstock

5. Nevada
> State sales tax rate: 6.9% (8th highest)
> Property taxes collections per capita: $972 (16th lowest)
> Unemployment rate: 4.9% (tied-17th highest)
> Top individual income tax rate: 0.0% (tied-the lowest)
> Top corporate income tax rate: 0.0% (tied-the lowest)

Miami South Beach, Florida
Source: Thinkstock

4. Florida
> State sales tax rate: 6.0% (tied-16th highest)
> Property taxes collections per capita: $1,216 (23rd lowest)
> Unemployment rate: 5.0% (tied-14th highest)
> Top individual income tax rate: 0.0% (tied-the lowest)
> Top corporate income tax rate: 5.5% (14th lowest)

Alaskan Summer
Source: Thinkstock

3. Alaska
> State sales tax rate: 0.0% (tied-the lowest)
> Property taxes collections per capita: $1,913 (10th highest)
> Unemployment rate: 6.4% (2nd highest)
> Top individual income tax rate: 0.0% (tied-the lowest)
> Top corporate income tax rate: 9.4% (4th highest)

Pierre, South Dakota
Source: Wikimedia Commons

2. South Dakota
> State sales tax rate: 4.5% (tied-13th lowest)
> Property taxes collections per capita: $1,231 (24th lowest)
> Unemployment rate: 2.8% (tied-2nd lowest)
> Top individual income tax rate: 0.0% (tied-the lowest)
> Top corporate income tax rate: 0.0% (tied-the lowest)

Devils Tower, Crooks County, Wyoming
Source: Thinkstock

1. Wyoming
> State sales tax rate: 4.0% (tied-7th lowest)
> Property taxes collections per capita: $2,173 (7th highest)
> Unemployment rate: 4.7% (tied-21st highest)
> Top individual income tax rate: 0.0% (tied-the lowest)
> Top corporate income tax rate: 0.0% (tied-the lowest)