Iowa's
corporate tax law is specifically designed to provide your
business with a distinct operational advantage. These programs and
others create a positive and profitable business environment, making
Iowa the smart choice for your business.
- Fifty percent deductibility of federal
taxes from Iowa corporate income tax.
- Single-factor, non-unitary tax. Iowa's tax is based only on the
percentage of total sales income within the state.
- Iowa corporate income tax may be reduced or eliminated by the
New Jobs Tax Credit and the Enterprise Zone Tax Credit.
No Sales or Use Tax on Manufacturing Machinery and Equipment
Purchases
No Property Tax on New Industrial Machinery and Equipment
No Personal Property (Inventory) Tax
No Sales and Use Tax
Iowa is a Right-to-Work State
Unemployment Insurance
Workers' Compensation Cost
Regulatory Assistance
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