U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 03-14-2007, 07:33 AM
 
Location: Crown Town
2,742 posts, read 5,987,428 times
Reputation: 1666

Advertisements

Study: N.C. biz tax burden tied for lowest in U.S.

Triangle Business Journal - 2:58 PM EDT Tuesday, March 13, 2007

Businesses in North Carolina enjoy the lowest tax burden in the United States, according to a study prepared for the Council on State Taxation.

The report, prepared by tax experts at Ernst & Young, found that combined local and state taxes paid by North Carolina businesses amount to 3.9 percent of the gross state product. That rate tied North Carolina with four other states - Connecticut, Delaware, Oregon and Virginia - as having the lowest U.S. business tax burden.

The highest burden in 2006 was carried by Wyoming businesses, who paid taxes equivalent to 10.8 percent of the state's gross state product.

In 2006, North Carolina businesses paid $11.6 billion in local and state business taxes.

The 50-state study used public information to estimate the business share of a variety of 26 taxes at the state and local government levels.

The Council on State Taxation is a nonprofit trade association consisting of about 550 multistate corporations engaged in interstate and international business. The organization promotes "equitable and nondiscriminatory state and local taxation."

Link to story:
http://triangle.bizjournals.com/tria...ml?jst=b_ln_hl
Reply With Quote Quick reply to this message

Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 08:42 AM.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top