Indiana Taxes

Corporate Income Tax

Indiana’s corporate income tax rate is decreasing from the current 6.25% by 0.25% each year until 2020 when we reach 5.25%. In 2021, the rate will decrease to 4.9%.
Decreasing from 6.25% to 4.9%
State Apportionment of Corporate Income
Single Sales Factor
Individual Income Tax Rate

Indiana’s individual income tax rate is decreasing from the current 3.3% to 3.23% in July 2017.
Decreasing from 3.3% to 3.23%
Sales Tax Rate
7%
Inventory Tax
None

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