NC Gets High Ranking For Low Business Tax Burden

NC Gets High Ranking For Low Business Tax Burden

After ranking #5 in the nation for the last four years, North Carolina has jumped to #3 in terms of the appeal of its business-tax structure, according to Anderson Economic Group. The firm’s rankings consider 11 categories of taxes paid by business. “North Carolina is unique in that it tends to keep the taxes that fall on businesses at moderate levels across the board,” the Michigan-based consultants said. The ranking came in the wake of another recent accolade: in May, Chief Executive magazine released rankings that showed North Carolina tied for #3 on the publication’s listing of “Best & Worst States for Business.”

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