Fortune Small Business recently ranked the top 10 U.S. states for small business taxation:

1. South Dakota
2. Nevada
3. Wyoming
4. Alabama
5. Washington
6. Florida
7. Mississippi
8. Colorado
9. Texas
10. Michigan

While potential tax savings should not be the sole reason in deciding where to start your business, it should play a role . Also, remember that just because you incorporate in a particular state, your company may be subject to taxation in other states as well.

For the full list, Click Here.

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