New Business in Indiana

 

 

 

 











 


BUSINESS & GENERAL
PROPERTY
UNEMPLOYMENT

 

 



BUSINESS TAXES


Corporate Income Tax -

Gross and supplemental net income
rescinded January 1, 2003
Adjusted gross income tax
- 8.5%

County Innkeepers Tax (CIT) - Porter County: 3%

Food and Beverage (FAB) - Porter County:

Porter County Income Tax -
Type: CEDIT
Resident and Non-resident =
.005

Indiana Sales Tax: 7%

Individual Adjusted Gross Income Tax: 3.4%

Miscellaneous Taxes: link here

PROPERTY TAXES

004 Valparaiso (Center Township)
Gross Rate 3.2657 Rank: 235
SPTRC 19.5906 Rank: 1717
Net Rate 2.6259 Rank: 207
029 Washington Township (Valparaiso)
Gross Rate 3.4553 Rank: 175
SPTRC 20.8741 Rank: 175
Net Rate 2.7340 Rank: 159


Porter County Property Taxes www.stats.indiana.edu
Data organized by the Indiana Business Research Center, Indiana University, Kelley School of Business. STATS Indiana www.stats.indiana.edu

UNEMPLOYMENT TAXES

Worker's Compensation Board of Indiana web site

Indiana Department of Workforce Development web site

The FUTA (Federal Unemployment Tax Act) provides for a UI (Unemployment Insurance) tax a 6.2 percent rate with a wage base of $7,000 per employee per calendar year maintaining an acceptable UI program that meet or exceeds all federal requirement and mandates, Indiana employers can receive a credit of 5.4 percent against the FUTA liability even though the employers Indiana UI tax may be less.

The net FUTA tax rate is 0.8 percent payable on covered wages up to the calendar year $7,000 base. The federal tax liability is, therefore, up to %56 for each employee per calendar year.

Source: Indiana Department of Workforce Development,
August 2005

More Information on Federal Unemployement Taxes