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A new report by the Quantitative Economics and Statistics Practices (QUEST) of Ernst & Young in conjunction with the Council On State Taxation (COST), ranks Ohio as third in the nation for friendliest tax environment.
The study, "Competitiveness of state and local business taxes on new investment," provides a state-by-state comparison of tax liabilities.
VRI, one of the nation's largest in-home medical health monitoring solutions companies, recently In 2011, Dayton was ranked the #3 city in the United States for excellence in health care.
The ranking is from Health Grade's list of America’s Top 50 Cities for Hospital Care.
The top five states ranked with the lowest effective tax rate on new investment are: (1) Maine (3.0%); (2) Oregon (3.8%); (3) Ohio (4.4%); (4) Wisconsin (4.5%); and (5) Illinois (4.6%).
Ohio is considered a center of science and industry, with museums dedicated to such in Columbus, COSI, the Great Lakes Science Center in Cleveland, the Imagination Station in Toledo, and the Boonshoft Museum of Discovery in Dayton.
Ohio is the biggest manufacturer of plastics and rubber in the country, has the largest bioscience sector in the Midwest, and ranked fourth in the country for green economic growth through 2007.
The state is recognized internationally as the "Fuel Cell Corridor", A new report by the Quantitative Economics and Statistics Practices (QUEST) of Ernst & Young in conjunction with the Council On State Taxation (COST), ranks Ohio as third in the nation for friendliest tax environment.
Gravitational Energy Corporation, located in Cuyahoga Falls, proliferates Gravity Assisted Power (GAP) machines in cooperation with Dri Powder, LLC to the military.In 2013, Ohio was ranked in the top ten states for best business climate by Site Selection magazine, based on a business-activity database.The state was edged out only by Texas and Nebraska for the 2013 Governor's Cup award from the magazine, based on business growth and economic development.Medical device manufacturers employ 9,757 residents. Major hospital employers include the Cleveland Clinic Health System with 41,400 employees, Catholic Healthcare Partners in Cincinnati with 28,200, University Hospitals of Cleveland with 21,800, Ohio Health in Columbus with 15,300, Pro Medica in Toledo with 14,500, and Premier Health Partners in Dayton with 14,000.Welltower, an S&P 500 company headquartered in Toledo, is a major healthcare real estate firm.