How Do Taxes Affect Interstate Migration?
IRS and Census data show that people and businesses favor states with low and structurally sound tax systems, which can impact the state’s economic growth and governmental coffers.
12 min read
Indiana Tax Rates, Collections, and Burdens
How does Indiana’s tax code compare? Indiana has a flat 3.15 percent individual income tax rate. There also are jurisdictions that collect local income taxes. Indiana has a 4.90 percent corporate income tax rate. Indiana has a 7.00 percent state sales tax rate and does not levy any local sales taxes. Indiana’s tax system ranks 9th overall on our 2023 State Business Tax Climate Index.
Each state’s tax code is a multifaceted system with many moving parts, and Indiana is no exception. The first step towards understanding Indiana’s tax code is knowing the basics. How does Indiana collect tax revenue? Click the tabs below to learn more! You can also explore our state tax maps, which are compiled from our annual publication, Facts & Figures: How Does Your State Compare?
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Combined Federal and State Corporate Income Tax Rates in 2022
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Indiana Should Use Surplus to Expedite Rate Cuts, Index Exemptions for Inflation
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State Tax Reform and Relief Enacted in 2022
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Vapor Taxes by State, 2022
If the policy goal of taxing cigarettes is to encourage cessation, vapor taxation must be considered a part of that policy design.
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State Tax Changes Taking Effect July 1, 2022
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