When you do business in South Dakota, your business does not pay any corporate income tax! That’s GREAT NEWS for your business!
The South Dakota business climate is #1 in the nation for entrepreneurs according to the Small Business and Entrepreneurship Council. South Dakota ranks #2 in the 2017 edition of the State Business Tax Climate Index which was published by The Tax Foundation. Their study credited the fact that our great state has no corporate or individual income taxes. Businesses and residents both have a competitive advantage when they choose to call South Dakota home. Learn more by visiting the webpage at “2017 State Business Tax Climate Index”.
“The evidence shows that states with the best tax systems will be the most competitive in attracting new businesses and most effective at generating economic and employment growth.”
The South Dakota entrepeneur has a competitive edge over all his/her business counterparts in the United States. The South Dakota business person enjoys:
- No corporate income tax
- No personal income tax
- No personal property tax
- No business inventory tax
- No inheritance tax
Are you ready to bring your business to South Dakota? Check out the available sites in our East Industrial Park!