Search results
Results from the WOW.Com Content Network
In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.
Federation of Tax Administrators - State Excise Taxes Archived 2011-10-22 at the Wayback Machine; National Restaurant Association - State laws on alcohol sales (Word document) Alcohol and Public Health FAQ, U.S. Center for Disease Control and Prevention
Excise taxes on tobacco raised $12.4 billion in fiscal year 2020. [2] The tax equals $1.01 per pack of 20 of cigarettes. Federal excise tax revenue from tobacco products peaked in fiscal year 2010 at $17.2 billion after the increase in tobacco product tax rates in the Children's Health Insurance Program Reauthorization Act of 2009. This tax ...
Meanwhile, House Bill 179, sponsored by Democrats, would have raised the state's wholesale liquor excise tax by an average of 25 cents per serving.
For premium support please call: 800-290-4726 more ways to reach us
Indiana's alcohol laws have changed a few times over the years, most recently this year, when the happy hour ban was lifted. Here's what to know. Here's a 12-pack of things you need to know about ...
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table ...
On July 1, 2001, the name was changed to the Alcohol and Tobacco Commission. The Commission is composed of four members appointed by the Governor of Indiana. There are also local alcoholic beverages boards in each of the state's 92 counties who consider and review all applications for alcoholic beverage permits in their particular area.