Indiana finished at No. 10 among the 50 states in the Washington-based Tax Foundation’s analysis of how states’ tax systems affect their ability to attract and retain businesses.

The analysis examined more than 100 variables involving the states’ primary methods of taxation: corporate taxes, individual income taxes, sales taxes, unemployment insurance taxes and property taxes. Many of the top-rated states lack one of those five major taxes, but a few apply all the taxes with low rates and broad bases.

Indiana ranked No. 18 for its corporate tax; No.   15  for its individual income tax; No. 12 for its sales tax; No. 2 for its property tax; and No. 11 for its unemployment insurance tax.

The State Business Tax Climate Index, which was released in September, aims to show how state tax systems compare with each other and provide a blueprint for improvements, according to a post on the foundation’s website. The study is based on tax rules in effect for fiscal year 2018-2019.

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Which States Have the Best Business Tax Climates?

State	Corporate Tax Rank	Individual Income Tax Rank	Sales Tax Rank	Property Tax Rank	Unemployment Insurance Tax Rank	Overall Rank
Wyoming	1	1	6	38	36	1
Alaska	25	1	5	23	35	2
South Dakota	1	1	33	28	39	3
Florida	6	1	22	11	2	4
Montana	12	22	3	10	21	5
New Hampshire	45	9	1	44	44	6
Oregon	30	36	4	17	37	7
Utah	5	10	16	3	16	8
Nevada	33	5	40	8	45	9
Indiana	18	15	12	2	11	10
Delaware	50	41	2	9	3	11
North Carolina	3	16	20	33	7	12
Michigan	11	12	11	22	49	13
Missouri	4	25	25	7	8	14
Texas	49	6	37	37	18	15
Tennessee	24	8	46	29	22	16
North Dakota	23	20	32	6	14	17
Colorado	16	14	38	12	40	18
West Virginia	13	28	17	18	30	19
Washington	44	6	49	25	19	20
Idaho	26	23	26	4	48	21
Virginia	10	35	10	30	43	22
Kentucky	27	17	14	35	47	23
Nebraska	28	26	9	40	9	24
New Mexico	21	31	41	1	10	25
Oklahoma	9	33	39	19	1	26
Arizona	17	19	47	5	13	27
Kansas	34	21	31	20	15	28
Massachusetts	37	11	13	46	50	29
Maine	41	24	7	41	24	30
Mississippi	15	27	35	36	5	31
Wisconsin	35	39	8	21	41	32
Georgia	8	38	29	24	38	33
Pennsylvania	43	18	21	34	46	34
South Carolina	19	34	34	27	27	35
Illinois	39	13	36	45	42	36
Rhode Island	32	29	23	43	29	37
Hawaii	14	47	24	16	26	38
Alabama	20	30	48	15	12	39
Maryland	22	45	18	42	28	40
Vermont	38	37	15	49	20	41
Ohio	46	44	28	13	6	42
Minnesota	42	46	27	31	25	43
Louisiana	36	32	50	32	4	44
Iowa	48	42	19	39	33	45
Arkansas	40	40	44	26	34	46
Connecticut	29	43	30	50	23	47
New York	7	48	42	47	31	48
California	31	49	43	14	17	49
New Jersey	47	50	45	48	32	50

Source: Tax Foundation