TAXES:
The Commonwealth of Kentucky is becoming more competitive due to recent tax reform policies enacted
to stimulate investment and business growth. The repeal of the corporate license tax and the
intangible property tax, as well as a reduction in the corporate income tax rate from the current
8.25 percent to 6 percent by 2007 will continue to improve our current business tax structure.
Personal income taxes are also being reduced from 6 percent to 5.8 percent.
For a full overview of the major business taxes please refer to:
Business Taxes
INCENTIVES:
Louisville and the states of Kentucky and
Indiana offer a variety of financial incentives that can significantly enhance a company's bottom
line. The majority of these programs are performance based and geared toward job creation to
encourage improvements in the overall economy. Facilitating growth through these incentives enables
a company to offset the costs associated with growth while at the same time, furthers our community's
goal of long-term economic prosperity.
Applying for incentives is a simple and straight forward process, and Greater Louisville Inc.'s Economic
Development professionals will assist you every step of the way.
Please use the following links to determine which programs are best suited to your business:
Or, for personal assistance with incentives, contact Roxann Fry, Director of Client Solutions today:
Email or call 502-625-0074.
