Montana Is The 6th Best State On Business Taxes
Some lists you want your home state to be on and some you do not. This is definitely a list we want to be on. According to the nonpartisan Tax Foundation Montana ranks 6th in regard to having one of the best business tax climates in the United States. According to their "State Business Tax Climate Index" this is how Montana ranks in the following categories:
• Montana’s overall State Business Tax Climate ranking: 6th
• Corporate tax structure: 18th
• Individual income tax structure: 20th
• Sales tax structure: 3rd
• Property tax structure: 8th
• Unemployment insurance tax structure: 18th
The only states with better overall rankings were Wyoming, South Dakota, Nevada, Alaska and Florida.