Ernst & Young: Competitiveness of state and local business taxes on new investment
Ernst & Young ranks states based on effective tax rates on new investments, providing an overview of state competitiveness on business taxes.
4/26/2011
The study offers a state-by-state comparison of tax liabilities for new investments in chosen industries. It focuses on capital investments in industries that rely heavily on location decisions, particularly factories and headquarters. By analyzing tax burdens, report readers gain a general overview of each state's business tax competitiveness.
The top 10 states with the lowest effective tax rates on new investments are:
1. Maine
2. Oregon
3. Ohio
4. Wisconsin
5. Illinois
6. Virginia
7. New Hampshire
8. Delaware
9. Wyoming
10. Minnesota
Project Announcements
Producer Owned Beef Plans Amarillo, Texas, Processing Plant
08/11/2022
Amber Wave Opens Phillipsburg, Kansas, Wheat Protein Plant
08/10/2022
Global Resources International Expands Dothan, Alabama, Operations
08/10/2022
Supply Chain Services Plans Bowling Green, Kentucky, Operations
08/10/2022
RANAR Screen Printing Equipment Relocates-Plans Union, Missouri, Operations
08/09/2022
Restoration Bioproducts Plans Sussex County, Virginia, Biochar Production Plant
08/09/2022
Most Read
-
In Focus: “Golden Age” of Spec Development
Q3 2022
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Q2 2022
-
In Focus: Demand for Industrial Land Surges
Q2 2022
-
Explosive Growth of Life Sciences Sector Comes with Challenges
Q3 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
The Evolution of the Megasite
Q2 2022