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Though Indiana has no franchise tax or tax on corporate shares, their 8.5%
corporate income tax, among the highest in the nation, earns a 22 rating
on the Tax Foundation's Corporate Tax Ranking Index. Nevada is more friendly
to businesses with no corporate or personal income tax and favorable asset
protection policies including charging order protection for corporations.
We've compiled the list below to make it easier to decide whether to incorporate
your business in Indiana or Nevada.
| |
Nevada |
Indiana |
|
State Corporate Income Tax ? |
None |
8.50% |
Tax Foundation's, Corporate Tax Ranking Index ? |
1 |
22 |
Personal Income Tax ? |
None |
3.40% |
Tax Foundations, Personal Income Tax Ranking Index |
1 |
10 |
Franchise Tax ? |
|
|
Tax on corp shares ? |
|
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Gift Tax ? |
|
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Unitary Tax ? |
|
|
Estate Tax ? |
|
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Statutory Indemnification of Officers, Directors & Employees ? |
|
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Charging Order Protection for Corporation ? |
|
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Charging Order is Creditor's Sole Remedy for LLC or Corporation ? |
|
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Highest Standard of Corporate Veil Protection ? |
|
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Series LLC Allowed ? |
|
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Business Court* |
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Glossary of terms
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