Corporate Income Tax
INDIANAPOLIS | Indiana took in more money than it spent during the 2014 budget year, even as Republican Gov. Mike Pence's tax cuts dropped total state revenue below the prior year for the first time since the Great Recession.
A growing number of U.S. companies are looking to trim their tax bills by combining operations with foreign businesses in a trend that may eventually cost the federal government billions of dollars in revenue.
INDIANAPOLIS | If you picture the 150 members of the General Assembly as a choir, this year they sang their loudest hosannas for the business-first agenda of the Indiana Chamber of Commerce.
INDIANAPOLIS | May tax revenue exceeded the state's reduced expectations, but Indiana likely still will fall short of its annual revenue target when the 2014 budget year ends June 30.
INDIANAPOLIS | Indiana is poised to move up two spots on a widely watched ranking of state business tax climates, thanks to the corporate income tax cut and business personal property tax reforms signed into law last month by Gov. Mike Pence.
INDIANAPOLIS | While March tax collections beat the state's revenue forecast, Indiana likely still will fall short of its annual revenue target when the 2014 budget year ends in June.
INDIANAPOLIS | Gov. Mike Pence signed into law 223 of the 224 legislative proposals approved this year by the Indiana General Assembly, and allowed the remaining measure, scuttling the state's energy-efficiency program, to become law without his signature.
GREENWOOD, Ind. | Gov. Mike Pence signed into law a package of business tax cuts Tuesday that's smaller than he originally sought, but which he believes still will lure companies to Indiana and help existing Hoosier employers grow.
INDIANAPOLIS | For better or worse, there's likely something affecting every Hoosier in at least one of the 224 legislative proposals the Republican-controlled Indiana General Assembly has sent Republican Gov. Mike Pence for his signature or veto.
INDIANAPOLIS | Republican House and Senate leaders, along with Gov. Mike Pence, claimed victory for their legislative agendas Friday, while Democrats despaired that the 2014 Indiana General Assembly didn't do more to improve the lives of everyday Hoosiers.
INDIANAPOLIS | The Republican-controlled General Assembly approved a package of business tax cuts, during its final meeting of the year Thursday, that supporters believe will create jobs by making Indiana stand out as a low-tax haven for companies.
INDIANAPOLIS | The Republican-controlled Indiana General Assembly is likely to wrap up its work this week a day or two ahead of Friday's mandatory adjournment deadline.
INDIANAPOLIS | The Republican-controlled House approved a business tax cut proposal Monday that's expected to be merged with a state Senate-revised measure into one plan that its supporters claim will create jobs for Hoosiers.
INDIANAPOLIS | It's not often you'll hear a Hoosier governor claim Indiana's business taxes should be more like those in Illinois.
EAST CHICAGO | The East Chicago City Council has unanimously approved a resolution that expresses opposition to any state action that would reduce tax dollars for education.
MUNSTER | The Munster Town Council unanimously approved a resolution opposing a proposal by Gov. Mike Pence to eliminate the business personal property tax.
INDIANAPOLIS | The Republican-controlled chambers of the Indiana General Assembly separately approved competing plans Thursday that both give big tax breaks to Hoosier companies.
VALPARAISO | Saying he refuses to accept some people's pessimistic projection that nothing can get done in Washington until 2017, Sen. Dan Coats presented his Road Map for 2014 at several stops around the state Wednesday.
INDIANAPOLIS | A plan to further reduce Indiana's corporate income tax rate and exempt small businesses from the personal property tax was approved 7-2 by a Senate committee Tuesday.
INDIANAPOLIS | Gov. Mike Pence is one of six Republicans to receive the Tax Foundation's first-ever award for outstanding achievement in state tax reform.
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