Miles of Rankings for Indiana
State Tax Incentives
The State of Indiana offers businesses a wide variety of tax incentives, including:
Indiana’s corporate income tax is decreasing from the current 6.5% to 4.9% by 2021.
As the decrease is phased in, the tax rate will drop each year.
Local Incentives and Tax Rates
Pike County’s leadership is business-friendly and is able to offer companies several local incentives to organizations wishing to relocate or expand in the area.
|Corporate Adjusted Gross Income Tax||8.5% (flat rate)*|
|Sales and Use Tax|
(In manufacturing, the following are exempt from the sales tax: raw materials, equipment, power, electricity, and utilities. Wholesale sales, items used directly in production, and sales made in interstate commerce are exempt. In addition, the purchase of research and development equipment is exempt from the tax.)
|Pike County Property Tax||0.0799%|
|Personal Income Tax||3.4% of Federal adjusted gross income|