Business Tax Burden Study Released by COST May 13, 2008 Tonya Barr Tonya Barr The Council On State Taxation (COST) has recently released their annual Business Tax Burden Study for Fiscal Year 2007: Results indicate that businesses paid $577 billion in state and local taxes in fiscal year 2007, representing 44.1% of total state and local taxes. The taxes include business property taxes, sales taxes on business inputs, gross receipts taxes, corporate income taxes, and other state and local taxes that are the statutory liability of business taxpayers. See full study here. More on business taxes here. Stay informed on the tax policies impacting you. Subscribe to get insights from our trusted experts delivered straight to your inbox. Subscribe Share Tweet Share Email Topics Corporate Income Taxes