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2015 State Business Tax Climate Index

November 04, 2014

The Tax Foundation has released its  2015 State Business Tax Climate Index  and South Dakota is near the top of the list, ranking 2nd for the fourth year in a row. In a word, our Business Tax Climate rocks.

A theme among the top ten is the absence of common taxes such as corporate income taxes or personal property taxes. South Dakota lacks both these taxes along with a personal income tax and a couple others (no business inventory tax and no inheritance tax). Advantageous, yes? [Please channel your Yoda voices for that last sentence].

The top ten states in the business tax climate index include:

  1. Wyoming
  2. South Dakota
  3. Nevada
  4. Alaska
  5. Florida
  6. Montana
  7. New Hampshire
  8. Indiana
  9. Utah
  10. Texas

Read the full story here: