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Indiana improves in business tax ranking

September 25, 2009

Indiana is becoming more business-friendly, according to the latest national ranking from the Tax Foundation, which moved the state up two places to 12th.

The Tax Foundation is a nonpartisan tax research group based in Washington, D.C. It publishes the report annually as a tool for lawmakers and the business community to gauge how their state’s tax system compares to other states.

In the Midwest, Indiana is tops. Michigan ranked 17th, Kentucky 20th, Illinois 30th, and Ohio 47th. 

The report measures five indexes of a state’s business tax competitiveness: property tax rates, sales tax, individual tax, corporate tax and unemployment insurance taxes.
 

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