Greater Louisville Inc. The Metro Chamber of Commerce
× Greater Louisville Inc. The Metro Chamber of Commerce
 

Taxes & Financial Incentives

TAXES

Kentucky has recently enacted wide-spread reforms to tax code policy.  Designed to stimulate investment and business growth across the state, the changes are rapidly making Kentucky more competitive.  Reforms include the repeal of the corporate license tax and the intangible property tax, as well as a reduction in the corporate income tax rate from 8.25 percent to the current 6%. Personal income taxes have also been reduced to a range of 2-6%.

Indiana ranks 8th in Tax Foundation’s 2015 Business Tax Climate Index. The cost of doing business in Indiana is very favorable, due in part to having one of the best workers’ compensation rates and unemployment tax rates. Due to legislation passed this year, corporate tax for Indiana is set to drop from 7% to 4.9% by 2021.
Louisville/Jefferson County Tax
Kentucky Tax
Indiana Tax

FINANCIAL INCENTIVES

Benefits are available for all types of companies – new, existing and relocating; regional and national headquarters; back-office; distribution and supply chain; manufacturing; and research and development. Both Indiana and Kentucky have generous business incentives and financial programs.
Indiana Business Incentives
Kentucky Business Incentives
Brief Summary of Incentives