published Tuesday, September 17th, 2013

Big Five: Tennessee 4th in U.S. for best tax rates for business

Nationwide, the top marginal tax rate for S corporations, or pass-through businesses, is 44.5 percent. The states where the top marginal rate for such businesses is the lowest, each with an average top rate of 39.6 percent, are:

• 1. Wyoming

• 2. Washington

• 3. Texas

• 4. Tennessee

• 5. South Dakota

Source: Tax Foundation, 2013

about Dave Flessner...

Dave Flessner is the business editor for the Times Free Press. A journalist for 35 years, Dave has been business editor and projects editor for the Chattanooga Times Free Press, city editor for The Chattanooga Times, business and county reporter for the Chattanooga Times, correspondent for the Lansing State Journal and Ingham County News in Michigan, staff writer for the Hastings Daily Tribune in Nebraska, and news director for WCBN-FM in Michigan. Dave, a native ...

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