Miles of Rankings for Indiana

  • Triple-A credit ratings from Standard & Poor’s, Fitch, and Moody’s

  • Faster job growth than the USA average

  • Ranked #1 for “Best Regulatory Environment” by the Pacific Research Institute

  • Ranked #1 for “Best Infrastructure” and “Lowest Cost of Doing Business”

  • Right-to-work state with the 2nd best Worker’s Compensation costs in the USA

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.

  • The Corporate Adjusted Gross Income Tax is calculated at a flat 8.5 percent of adjusted gross income. Adjusted gross income is a company’s federal adjusted gross income with certain adjustments.

  • Indiana has a flat state corporate tax rate on adjusted gross income and no gross receipts tax or inventory tax.

0%

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.

  • Tax Abatement: Tax abatements on real property and equipment are available for 3, 7 or 10 years on new buildings, building improvements and equipment purchases.

Tax Rates

TaxRate
Corporate Adjusted Gross Income Tax8.5% (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.)
7%
Pike County Property Tax0.0799%
Personal Income Tax3.4% of Federal adjusted gross income
*The Corporate Adjusted Gross Income Tax is calculated at a flat 8.5 percent of adjusted gross income. Adjusted gross income is a company’s federal adjusted gross income with certain adjustments. This method of determination simplifies tax calculations for corporations and does not apply to S corporations and not-for-profit organizations.
Hello - We'd Love to Meet You. Contact Us Today.

We’d love to meet you.

Reach out and let us know how we can help you and your organization.

Contact Us