Starting A Business? Infographic Shows The Best States To Avoid Tax Burdens
If you are opening a business and want to avoid heavy tax burdens then you might consider South Dakota, Alaska, and Wyoming but you may want to avoid states like New York and California where corporate income tax rates exceed 7%.
America may be the land of more opportunities than others, but depending on where your business resides, your state tax law could be an advantage or a severe handicap. The infographic below list the top ten best and top ten worst states for business as ranked by corporate income tax rates and sales tax rates.
Wherever you start your business, if you need an answering service we can help.