Which states have the highest and lowest business taxes in 2025?

C

charlie

New member
I’m curious—what states currently have the highest and lowest business-tax environments in 2025? I’ve heard that Wyoming, South Dakota, and Alaska rank among the most business-friendly, while states like Delaware, New Jersey, and Iowa may impose heavier burdens. Could anyone share some insight on which states are best or worst for business taxes overall—or point me toward helpful rankings or resources?
 
In 2025, New York has the highest overall business tax burden at 13.6%, while Alaska has the lowest at 4.93%. For corporate tax rates, North Carolina is lowest at 2.25%, and South Dakota and Wyoming levy no corporate income tax.
 
  • Highest business (corporate) taxes in 2025: New Jersey (11.5%), Minnesota (9.8%), Illinois (9.5%), Alaska (9.4%)
  • Lowest business taxes in 2025: North Carolina (2.25%), Missouri (4%), Oklahoma (4%), Utah (5%)

Basically, New Jersey has the highest rates, and North Carolina has one of the lowest. Some states like Wyoming and South Dakota are also super friendly for businesses with low overall taxes.
 
In 2025, California, New York, and New Jersey lead with the highest business taxes due to high corporate tax rates and additional fees. In contrast, states like Wyoming, South Dakota, and Nevada offer the lowest business taxes, benefiting from no corporate tax or business-friendly policies. These states attract entrepreneurs seeking lower operational costs.
 
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