Own a business? Then consider having your company based in Cincinnati, Ohio because this city has been ranked one of the top cities worldwide for its tax structure.
A report by KPMG International reported that Cincinnati’s tax costs were 26.5% below the U.S. baseline and the city ranked #7 worldwide of cities with populations more than 2 million.
The report analyzed these factors in 107 cities in countries:
- Corporate income taxes
- Capital taxes
- Sales taxes
- Property taxes
- Local business taxes and labor costs
Read more from the Business Courier here.
See the report here.