The 10 best states for small business taxes in 2020

1. Wyoming

• Corporate tax rank: 1 (no income tax levied)
• Individual income tax rank: 1 (no income tax levied)
• Sales tax rank: 6
• Property tax rank: 39
• Unemployment tax rank: 27

2. South Dakota

• Corporate tax rank: 1 (no income tax levied)
• Individual income tax rank: 1 (no income tax levied)
• Sales tax rank: 35
• Property tax rank: 22
• Unemployment tax rank: 44

3. Alaska

• Corporate tax rank: 26
• Individual income tax rank: 1 (no income tax levied)
• Sales tax rank: 5
• Property tax rank: 25
• Unemployment insurance tax rank: 46

4. Florida

• Corporate tax rank: 9
• Individual income tax rank: 1 (no income tax levied)
• Sales tax rank: 23
• Property tax rank: 13
• Unemployment tax rank: 2

5. Montana

• Corporate tax rank: 21
• Individual income tax rank: 25
• Sales tax rank: 3
• Property tax rank: 12
• Unemployment tax rank: 20

6. New Hampshire

• Corporate tax rank: 43
• Individual income tax rank: 9
• Sales tax rank: 1
• Property tax rank: 44
• Unemployment tax rank: 45

7. Nevada

• Corporate tax rank: 25
• Individual income tax rank: 5
• Sales tax rank: 44
• Property tax rank: 10
• Unemployment tax rank: 47

8. Oregon

• Corporate tax rank: 33
• Individual income tax rank: 38
• Sales tax rank: 4
• Property tax rank: 18
• Unemployment tax rank: 36

9. Utah

• Corporate tax rank: 12
• Individual income tax rank: 10
• Sales tax rank: 22
• Property tax rank: 5
• Unemployment tax rank: 15

10. Indiana

• Corporate tax rank: 11
• Individual income tax rank: 15
• Sales tax rank: 20
• Property tax rank: 2
• Unemployment tax rank: 25