Special Report

Most and Least Tax Friendly States for Business

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45. Minnesota
> Tax-friendliness score: 4.35/10
> Top individual income tax rate: 9.9% (6th highest)
> Top corporate income tax rate: 9.8% (3rd highest)
> State & avg. local sales tax rate: 7.5% (17th highest)

44. Arkansas
> Tax-friendliness score: 4.42/10
> Top individual income tax rate: 5.5% (25th highest)
> Top corporate income tax rate: 5.9% (21st lowest)
> State & avg. local sales tax rate: 9.5% (3rd highest)

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43. Vermont
> Tax-friendliness score: 4.43/10
> Top individual income tax rate: 8.8% (7th highest)
> Top corporate income tax rate: 8.5% (10th highest)
> State & avg. local sales tax rate: 6.2% (15th lowest)

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42. Louisiana
> Tax-friendliness score: 4.50/10
> Top individual income tax rate: 4.3% (13th lowest)
> Top corporate income tax rate: 7.5% (16th highest)
> State & avg. local sales tax rate: 9.6% (the highest)

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41. Hawaii
> Tax-friendliness score: 4.52/10
> Top individual income tax rate: 11.0% (2nd highest)
> Top corporate income tax rate: 6.4% (24th lowest)
> State & avg. local sales tax rate: 4.4% (6th lowest)

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