Business Advantages
Tax Advantages
- No sales and use tax on manufacturing machinery and business equipment purchases.
- No property tax on new industrial machinery and business equipment.
- No personal property tax, including corporate inventories of goods-in-process, raw materials and salable goods.
Iowa Corporate Income Tax
- 50% deductibility of federal taxes from Iowa corporate income
- Single-factor, non-unitary based only on the percentage of total sales income within the state
Financial Assistance & Tax Incentive Programs:
Other loan funds include those offered by individual counties, cities, rural electric cooperatives, or councils of governments.
