Oklahoma Ranks 14th in Survey of 'Business Friendly' Tax Systems
The Journal Record › October 18, 2004
Linked as:
Summary
When it comes to having a business friendly tax system, only 13 states do a better job than Oklahoma, according to a new study by the Tax Foundation.
The State Business Tax Climate Index ranks the 50 states on how business friendly their tax systems are, providing a road map for state lawmakers concerned with keeping their states tax- competitive.See the full content of this document
Extract
Oklahoma Ranks 14th in Survey of 'Business Friendly' Tax Systems
Generally the index rewards tax codes that are neutral, have low and flat rates, are simple and transparent, avoid double taxation, and have statutory or constitutional restraints that keep tax burdens low over time.
Oklahoma ranked 14th best in the nation in the study, a slight improvement over its 15th-place ranking in 2003.However, Oklahoma's overall score in the index was unchanged and the state's improved ranking was du...See the full content of this document
Sponsored links
