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rescinded January 1, 2003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: 6%
Individual Adjusted Gross Income Tax: 3.4%
Miscellenous Taxes: link here
PROPERTY TAXES
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
Indiana's workers compensation insurance rate
is $1.88/$100 in payroll
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
