Cincinnati The Most Tax-Friendly U.S. City For Businesses

Where's The Most Tax-Friendly City For U.S. Businesses?
CINCINNATI - JULY 15: Procter & Gamble Co. (P&G) corporate headquarters sits in front of the skyline July 15, 2008 in downtown Cincinnati, Ohio. P&G employs over 138,000 people in over 80 countries. (Photo by Scott Olson/Getty Images)
CINCINNATI - JULY 15: Procter & Gamble Co. (P&G) corporate headquarters sits in front of the skyline July 15, 2008 in downtown Cincinnati, Ohio. P&G employs over 138,000 people in over 80 countries. (Photo by Scott Olson/Getty Images)

Cincinnati is the most tax-friendly large city for businesses in the U.S., according to a new study from KPMG International.

Of 55 large international cities highlighted in the study, Cincinnati was the highest-ranked U.S. city, coming in at No. 16. The Queen City's total tax index was 80.8, representing tax costs 19.2 percent below the U.S. baseline of 100.

Baltimore and Cleveland followed at 83.2 and 85.2, respectively, in the large city category, which includes cities with populations of more than 2 million.

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