Tue, November 02 2010 17:21
Following up on last week's announcement by the Tax Foundation that Indiana's business climate is the best in the Midwest and 10th best in the United States, two additional surveys have been released making similar findings.
Site Selection Magazine has performed a survey of national real estate executives and a review of Indiana's economic development record to find that Indiana's business climate is the 8th best in the United States, up one place from last year, and best in the Midwest. This is the third time in the last three years that Indiana has been ranked in the Top Ten in this survey.
In addition, Area Development Magazine has also rated Indiana's business climate best in the Midwest and 6th in the United States according to a survey of national site selection consultants.
Wed, October 27 2010 18:03
The Tax Foundation has just released its 2011 annual State Business Tax Climate Index, which ranks from 1 (the best) to 50 (the worst) state tax systems in the United States. The State of Indiana was ranked #10 in this year's index, up from #12 last year, which was the highest ranking for any Midwestern State. The overall index is composed of five specific indexes devoted to major features of a state's tax system: the state's major business tax, whether a corporate income tax or a gross receipts tax; the individual income tax; the general and selective sales taxes; the unemployment insurance tax; and asset-based taxes including property taxes. Each state's laws were assessed as of July 1, 2010, the first day of the 2011 fiscal year.