Your Tax-Free Path to Business Growth
Monday, July 17, 2017
Business owners understand the challenges facing them as they work to make a small profit on their products or services.
They craft a sound business strategy to create strong revenue streams and keep a close eye on expenses - cutting out anything that isn’t truly necessary. For some business owners, there is an additional factor that can threaten overall profit and one that is almost impossible to control - and that is corporate income tax. Corporate income tax varies state-to-state and can reach levels as high as 12%.
In South Dakota, we are proud to reside in one of only two states that do not level a corporate income tax. This total lack of a corporate income tax is one of many features that make South Dakota an ideal location for business growth and expansion. Learn more about South Dakota’s business-friendly climate.