article thumbnail

LOCATION FOCUS: Kansas – Diversification From The Ground Up

Buisness Facilities Contributed Content

Kansas passed a business income tax exemption which eliminates certain non-wage business income on lines 12, 17 and 18 of IRS Form 1040 for Partnerships, Limited Liability Corporations, Limited Liability Partnerships, Sole Proprietorships and Subchapter-S Corporations that have elected at the federal level to be taxed as a pass-through entity.

Kansas 49
article thumbnail

Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. The Utility Account helps rural communities finance necessary infrastructure upgrades to attract future business. North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking.

article thumbnail

2012 Business Facilities Rankings Report

Buisness Facilities Contributed Content

Our Best Business Climate ranking evaluates an amalgamation of our key rankings results (including education climate, workforce training/availability, cost of labor, infrastructure, utility costs, credit rating and business tax climate). billion in Federal individual income taxes, and $1.9 billion in state individual income taxes.

Iowa 69