February 2012
3 posts
Indiana Corporate Income Tax Being Cut...
Indiana’s applied Corporate Income Tax rate is being cut from the current 8.5 percent to 6.5 percent by 2015 through 0.5 percent per year reductions beginning in July.
Indiana’s Corporate Adjusted Gross Income Tax is calculated at a flat percentage of the company’s adjusted gross income on Indiana sales.
More Great News from Toyota (TMMI)
Toyota Motor Manufacturing Indiana, Inc. (TMMI) announced plans to expand its operations in Princeton, IN, creating approximately 400 new jobs by 2013. The company will invest $400 million total with $131 million going directly to its Princeton plant to consolidate its Highlander mid-size SUV production to this location, including both hybrid and export versions. Production is expected to begin in...
Graduation Rate Improves in Indiana
Indiana’s graduation rate improved to 85.7 percent in the 2010-2011 school year, increasing 1.6 percent over last year and 4.3 percent over the 2009 rate.
Approximately 45 percent of public high schools met or exceeded the 90-percent graduation mark, and 83 percent of public high schools graduated 80 percent or more of their seniors. In addition, 55 percent of schools improved their...
