That depends on your definition of tax and business friendly. Note that the Northeast and Pacific Rim have produced far more success and wealth in business than other places, probably more than any places in the history of the world, without exaggeration.

Taxes are the front end transaction of investment, in education, infrastructure, courts, support for workers and families, etc. Those things are very business friendly. Low tax areas, which lack this investment, don't have a great history with businesses.