How Does New Jersey’s Business Tax Climate Rank?


New Jersey topped New York in a recent ranking of business friendliness performed by the Tax Foundation. However, the Empire State was the only one that New Jersey, coming in at 49th in the country, beat out.

The State Business Tax Climate Index examines 118 different variables in the five areas of taxation (major business taxes, individual income taxes, sales taxes, unemployment insurance taxes, and property taxes) and creates an overall score for each state. The states are then compared against each other and ranked accordingly.

The states earning the top spots in the 2013 Index included Wyoming, South Dakota, Nevada, Alaska, and Florida. Joining New York and New Jersey in the bottom five were Rhode Island, Vermont, and California.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Kenneth Oh, Scarinci Hollenbeck, LLC | Attorney Advertising

Written by:


Scarinci Hollenbeck, LLC on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.