THE BUSINESS CLIMATE IN IOWA IS RIGHT
Iowa is in the heart of an 8-state market of 40 million people with a total of $1 trillion in personal income. America’s most travelled thoroughfares, Interstates 80 and 35, intersect in the state and connect Canada, United States and Mexico.
Iowa Advantages
- Lowest cost of doing business in the US (CNBC Survey 2009)
- A motivated and well-educated workforce that can effectively and efficiently produce your products
- No corporate income tax on profits from sales made outside of Iowa
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No personal property (inventory) tax
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No property tax on manufacturing machinery, equipment or computers
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No sales or use tax on manufacturing machinery, equipment or computers
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No sales tax on electricity or natural gas for use in the manufacturing process
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Property tax exemptions for the construction of manufacturing and distribution facilities
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Competitively priced buildings and sites
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Flexible job-training programs that provide customized training for new and current employees*
- Direct financial assistance for job creation and new capital investment*
- A central location - part of the NAFTA corridor – for easy access to markets
- High quality of life
* For qualifying investments