Iowa's corporate tax law is specifically designed to provide your business with a distinct operational advantage.  These programs and others create a positive and profitable business environment, making the choice easier for your business.  And in Mid Iowa, it only gets better!

Statistical Comparison's (business climate, quality of life, education, etc.):

Midwest, Northeast, South Central and Western States vs. Iowa.

- Iowa Corporate Income Tax

• Fifty percent deductibility of federal taxes from Iowa corporate income tax.
• Single-factor, non-unitary tax.
• Iowa corporate income tax may be reduced or eliminated by the NJTC and EZ Tax Credit.

- No Sales or Use Tax on Manufacturing Machinery and Equipment Purchases

- No Property Tax on New Industrial Machinery and Equipment

- No Personal Property (Inventory) Tax

- No Sales and Use Tax

Unemployment Insurance - Iowa has one of the lowest, new employer, unemployment insurance rates in the nation. The rate for all non-construction businesses is 1% for a 3-year period.

Workers' Compensation Cost - Iowa's workers' compensation costs are the 9th lowest in the nation. The average cost of workers' compensation insurance for manufacturers in Iowa is 30% lower than the national average.

Come see the advantages of the Mid Iowa business climate first hand.