Special Report

Most and Least Tax Friendly States for Business

Source: SeanXu / Getty Images

1. Wyoming
> State sales tax rate: 4.0% (tied — 8th lowest)
> Property taxes paid as pct. of home value: 0.6% (7th lowest)
> Unemployment rate: 3.9% (tied — 17th highest)
> Top individual income tax rate: 0.0% (tied — the lowest)
> Top corporate income tax rate: 0.0% (tied — the lowest)

See all stories featuring: Wyoming

Source: Chilkoot / Getty Images

2. Alaska
> State sales tax rate: 0.0% (tied — the lowest)
> Property taxes paid as pct. of home value: 1.0% (20th highest)
> Unemployment rate: 6.5% (the highest)
> Top individual income tax rate: 0.0% (tied — the lowest)
> Top corporate income tax rate: 9.4% (6th highest)

See all stories featuring: Alaska

Source: Public Domain / Wikimedia Commons

3. South Dakota
> State sales tax rate: 4.5% (tied — 15th lowest)
> Property taxes paid as pct. of home value: 1.2% (17th highest)
> Unemployment rate: 2.9% (tied — 10th lowest)
> Top individual income tax rate: 0.0% (tied — the lowest)
> Top corporate income tax rate: 0.0% (tied — the lowest)

See all stories featuring: South Dakota

Source: Meinzahn / iStock

4. Florida
> State sales tax rate: 6.0% (tied — 16th highest)
> Property taxes paid as pct. of home value: 0.9% (25th highest)
> Unemployment rate: 3.5% (tied — 22nd lowest)
> Top individual income tax rate: 0.0% (tied — the lowest)
> Top corporate income tax rate: 5.5% (15th lowest)

See all stories featuring: Florida

Source: EJ-J / Getty Images

5. Montana
> State sales tax rate: 0.0% (tied — the lowest)
> Property taxes paid as pct. of home value: 0.7% (18th lowest)
> Unemployment rate: 3.8% (tied — 22nd highest)
> Top individual income tax rate: 6.9% (tied — 14th highest)
> Top corporate income tax rate: 6.8% (22nd highest)

See all stories featuring: Montana