BUSINESS
FACTS
CORPORATE INCOME TAX REDUCTION
New legislation will decrease Indiana’s corporate income tax
from 8% to 6.5%. The tax rate will drop by 0.5% per year through
2015 as the decrease is phased-in.
RANKED TOP 3 FOR 2010 GDP GROWTH
Indiana’s Gross Domestic Product grew 4.6% in 2010, compared
to the national rate of 2.6%. That’s the 3rd highest growth rate
in the country (U.S. Bureau of Economic Analysis).
BEST BUSINESS ENVIRONMENT
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Indiana ranks 5th in the nation for its business climate
according to Site Selection magazine (May 2012).
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Indiana ranks best in the Midwest and 8th overall
in AreaDevelopment magazine’s “Top States for Doing
Business” study (Oct. 2012).
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Indiana ranks 1st in the Midwest and 5th in the nation
in Chief Executive magazine’s annual “Best & Worst States”
survey (May 2012).
TOP TAX CLIMATE
Indiana ranks 1st in the Midwest and 11th nationally in the Tax
Foundation’s 2012 Business Tax Climate Index (Jan. 2012).
