09/25/2012 04:22 pm ET Updated Nov 25, 2012

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

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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