Taxes
Business experts agree: Indiana offers one of the country’s best tax climates
Locate in Washington County and take advantage of Indiana’s business-friendly tax structure.
- "A" rating for tax climate (Conexus)
- 11th lowest state in personal taxes (The Tax Foundation)
- 14th lowest state for overall tax rating (The Tax Foundation)
- Forbes ranked Indiana the best in the Midwest for cost of doing business, and 6th nationally. (Forbes Best States for Business Index, 2008)
- Chief Executive Magazine ranked Indiana best in the Midwest and 8th nationally for doing business. (Chief Executive Magazine, January 2008).
These pro-business exemptions and credits can help create success for your company:
- Tax exemption on income derived from qualified utility and plant patents
- A new state R&D sales tax credit on research and development equipment
- Indiana portion of a corporations’ taxable income based solely on a company’s sales in Indiana (phased in by 2011)
- No gross receipts tax
- No inventory tax
- Exemption of raw materials, equipment, and utility costs from the sales and use tax
Contact us today to learn how
Washington County can help you grow your business
