#

Ease of Doing Business in

United States

United States Download Profile (1994.2KB, pdf)
Region OECD high income
Income Category High income
Population 321,418,820
GNI Per Capita (US$) 54,960
City covered New York City, Los Angeles

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 8 7 down
1
82.45 82.46 down
0.01
Starting a Business 51 45 down
6
91.23 91.22 up
0.01
Dealing with Construction Permits 39 37 down
2
75.74 75.73 up
0.01
Getting Electricity 36 32 down
4
83.39 83.39
-
Registering Property 36 37 up
1
76.80 76.85 down
0.05
Getting Credit 2 2
-
95.00 95.00
-
Protecting Minority Investors 41 39 down
2
64.67 64.67
-
Paying Taxes 36 34 down
2
83.85 83.89 down
0.04
Trading across Borders 35 35
-
92.01 92.01
-
Enforcing Contracts 20 20
-
72.61 72.61
-
Resolving Insolvency 5 4 down
1
89.19 89.20 down
0.01

Viewing the data for

DB 2017 DTF (% points):

82.92

DB 2016 DTF (% points):

82.98

Change in DTF (% points):

down0.06

Indicator New York City OECD high income
Payments (number per year) info_outline 11 10.9
Time (hours per year) info_outline 175 163.4
Total tax rate (% of profit) info_outline 46 40.9
Postfiling index (0-100) info_outline 93.1 85.1
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% of profit) Notes on TTR
Federal corporate income tax 1 online 87 34% (progressive schedule) taxable income 17.80
NY City and State property tax 1 10.323% per $100 valuation 45% of FMV 7.12
Employer paid - Federal old-age, survivors and disability insurance tax (OASDI) 1 online 55 6.2% gross salaries with ceiling 6.99
NYS corporation tax 0 jointly 7.1% taxable income 5.47
NYC corporation tax 1 online 8.85% taxable income 4.00
Employer paid - Hospital insurance contributions 0 jointly 1.45% gross salaries 1.64
NYC real estate transfer tax 1 2.63% sale price 1.59
Employer paid - NYS unemployment tax 1 online 4.1% gross salaries with ceiling 0.86
Employer paid - Metropolitan commuter transportation mobility tax (MCTMT) 1 online 0.34% gross salaries 0.38
Employer paid - Federal unemployment tax (FUTA) 1 online 0.6% (6% FUTA - 5.4% tax credit) gross salaries with ceiling 0.08
NY City and State sales and use tax of lease truck 1 8.875% leasing expenses 0.07
Fuel tax 1 18.4 cents + 8 cents per gallon fuel consumption 0.00 small amount
Sales tax 1 online 33 8.875% sales 0.00 withheld
Employee paid - Federal old-age, survivors and disability insurance tax (OASDI) 0 online 6.2% gross salaries with ceiling 0.00 withheld
Employee paid - Hospital insurance contributions 0 jointly 1.45% gross salaries 0.00 withheld
Totals: 11 175 46
  • Answer
    Profit tax (% of profit) 28.1
    Labor tax and contributions (% of profit) 9.8
    Other taxes (% of profit) 8.6
    Answer Score
    Postfiling index (0-100) 93.1
    VAT refunds N/A
    Does VAT/GST exist? No
    Frequency of VAT/GST refund submission N/A
    Does a VAT/GST refund process exist per the case study? N/A
    Restrictions on VAT refund process N/A
    Likelihood of VAT audit N/A
    Time to comply with VAT refund (hours) N/A No VAT
    Time to obtain a VAT refund (weeks) N/a No VAT
    Corporate income tax audits 86.2
    Does corporate income tax exist? Yes
    Likelihood of corporate income tax audit Unlikely
    Time to comply with a corporate income tax audit (hours) 9.0 86.2
    Time to complete a corporate income tax audit (weeks) 0.0 100.0
    Administrative appeal process
    First level administrative appeal authority IRS Office of Appeals
    Is the appeal authority independent? Independent department within tax office
    Are appeal guidelines accessible to the public? Yes
    Source of appeal guidelines online/in printed publication/in person at tax office/other
    Is there a legal time limit for the appeal authority to issue a decision on the tax appeal? No
    Legal time limit

Notes:

Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.

The hours for VAT include all the VAT and sales taxes applicable.

The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.

The postfiling index is the average of the scores on time to comply with VAT refund, time to obtain a VAT refund, time to comply with a corporate income tax audit and time to complete a corporate income tax audit.

N/A = Not applicable.