We're tracking 18 live corporate tax roles in Indianapolis.
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Corporate Tax in Indianapolis involves advising and ensuring compliance for businesses operating within the city and the broader state of Indiana concerning their income tax obligations and related state and local taxes. This includes navigating the complexities of Indiana's Corporate Adjusted Gross Income Tax and various other business-specific levies.
Indiana levies a Corporate Adjusted Gross Income Tax (CAGIT) on C corporations at a rate of 4.9% (as of 2023), reduced from 5.2% in 2022. S corporations are generally not subject to CAGIT but their shareholders are taxed on their pro-rata share of income. Businesses in Indianapolis also contend with Indiana's Sales and Use Tax (currently 7%) and potential local income taxes or property taxes which can significantly impact corporate tax strategy and compliance. The Indiana Department of Revenue (IDOR) is the primary state agency responsible for administering these taxes.