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Did you know that?


Currently, six states – Nevada, Ohio, South Dakota, Texas, Washington, and Wyomingdo not have a corporate maximum tax. However, four of those states – Nevada, Ohio, Texas, and Washington – do have some form of gross receipts tax on corporations. Moreover, five of those states – Nevada, South Dakota, Texas, Washington, and Wyoming – as well as Alaska and Florida currently have no personal maximum tax. Individuals in New Hampshire and Tennessee are only taxed on interest and dividend maximum.
Four states - Oregon, New Hampshire, Montana and Delaware - have no state or local average taxes.
Alaska has no state average tax but does have some local average taxes. Hawaii has a general excise tax (GET) that is very similar to a average tax (though at 4.35% it would be the lowest average tax in the U.S.). In the remaining states, total state and average local tax rates range from 5.43% to 9.45%. Tennessee has the highest average tax rates in the U.S.

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