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Corporate Income Tax

State ends budget year with surplus, despite revenue drop

State ends budget year with surplus, despite revenue drop

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.

July 14, 2014 5:30 pm Related

U.S. companies look overseas for tax bill relief

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.

July 14, 2014 5:00 pm
Most lawmakers in tune with Chamber of Commerce agenda

Most lawmakers in tune with Chamber of Commerce agenda

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.

July 04, 2014 8:00 pm Related
State likely to fall short of annual revenue target

State likely to fall short of annual revenue target

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.

June 06, 2014 7:15 pm Related
Tax cuts boost Indiana's business tax climate rank

Tax cuts boost Indiana's business tax climate rank

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.

April 07, 2014 4:52 pm Related
State revenue recovers in March; still behind for year

State revenue recovers in March; still behind for year

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.

April 04, 2014 9:12 pm Related

Pence OKs everything approved by Legislature

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.

March 30, 2014 10:05 pm

Pence expects business tax cuts to produce new jobs

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.

March 25, 2014 6:00 pm

How did the Indiana legislative session affect you?

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.

March 15, 2014 7:30 pm
GOP, Democrats view results of legislative session differently

GOP, Democrats view results of legislative session differently

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.

March 14, 2014 3:30 pm Related

Lawmakers send business tax cut package to Pence

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.

March 13, 2014 7:00 pm

Lots left to do with little time remaining in legislative session

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.

March 09, 2014 1:00 am

Business tax cut advances at Statehouse

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.

March 03, 2014 7:45 pm
Pence not telling whole story on state business tax comparisons

Pence not telling whole story on state business tax comparisons

INDIANAPOLIS | It's not often you'll hear a Hoosier governor claim Indiana's business taxes should be more like those in Illinois.

February 16, 2014 12:35 am Related

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E.C. council opposes cuts in tax dollars for education

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.

February 02, 2014 6:45 pm

Munster Town Council opposes elimination of business tax

MUNSTER | The Munster Town Council unanimously approved a resolution opposing a proposal by Gov. Mike Pence to eliminate the business personal property tax.

February 01, 2014 7:15 pm

Business tax cut plans approved by Senate, House

INDIANAPOLIS | The Republican-controlled chambers of the Indiana General Assembly separately approved competing plans Thursday that both give big tax breaks to Hoosier companies.

January 30, 2014 6:00 pm
Sen. Coats unfolds road map for action in 2014

Sen. Coats unfolds road map for action in 2014

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.

January 22, 2014 3:28 pm Photos

Photos

Senate committee approves plan for business tax cut

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.

January 21, 2014 7:30 pm Related

Related

Pence honored for tax cutting prowess

Pence honored for tax cutting prowess

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.

January 20, 2014 3:00 pm Related

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