Indiana has one of the most business-friendly tax climates in the nation
INDIANA — According to the annual State Business Tax Climate Index, Indiana has one of the most business-friendly tax climates in the nation. The Hoosier State came in at No. 8 in the rankings for the third consecutive year.
The study looked at more than 100 variables in five categories to determine the competitiveness and structure of the tax code in all 50 states. Indiana ranked high based based on legislation passed in 2014 that will gradually lower the state’s tax rate for both corporations and individuals over the next several years
Overall, Wyoming was ranked as the nation’s most tax friendly state followed by South Dakota, Alaska, Florida and Nevada. To view the full report, go here.
Source: South Bend Tribune