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Single-factor, non-unitary tax is based only on the percentage of net sales income within the state.
50 percent deductibility of federal taxes from Iowa corporate income.
Iowa corporate income tax may be reduced or eliminated by state tax credit programs.
No personal property tax for corporate inventories of goods-in-process, raw materials or salable goods.
No property tax on industrial machinery, equipment or computers.
No sales or use tax on purchases of industrial machinery, equipment and computers used for manufacturing or to process data by insurance companies, financial institutions or certain commercial enterprises.
No sales tax on materials used in the manufacturing process or purchases of electricity or natural gas used directly in the manufacturing process.
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Winnebago and Worth counties is home to world class manufacturing industries, agricultural businesses, bio industry companies, transportation and logistics firms, and many other businesses that provide good paying careers for our area residents as well as produce products shipped world wide. Our employers offer flexible schedules, standard health insurance benefits, standard vacation and sick time benefits, competitive pay, and many other incentives.
Our businesses will provide you with careers to match your skills and goals. Visit our "Jobs and Workforce" page to see a list of all the businesses and career opportunities available now.
GROWTH & RESULTS BY WORKING TOGETHER
The State of Iowa, Winnebago and Worth Counties, and all communities therein offer multiple incentives to business development. Packages are customized based on the prospect, number of jobs created or retained, total capital investment, and a variety of other factors. To receive your customized estimate of incentives for your development, contact Winn-Worth Betco at 641-592-0800 or email@example.com.
In business, there are no guarantees. There is simply no way to eliminate all the risks associated with starting a business – but you can improve your chances of success with good planning, preparation, and insight. Our excellent geographic location, highly-skilled workforce, low tax burden, reasonable cost of living, predictable regulatory environment, and our policy of being open for business make our area the perfect choice to locate your business in.
To find out specifics to your business developing here, contact us at 641-592-0800 or at firstname.lastname@example.org, today!