|
Surrounding State Comparisons
|
State |
Sales Tax |
Personal
Income Tax |
Corporate
Income Tax |
|
Iowa |
5.00% |
8.98% |
12.00% |
|
Missouri |
4.23% |
6.00% |
6.25% |
|
Nebraska |
5.50% |
6.84% |
7.81% |
|
South Dakota |
4.00% |
N/A |
NA |
|
Minnesota |
6.50% |
7.85% |
9.80% |
|
Wisconsin |
5.00% |
6.75% |
7.90% |
|
Illinois |
6.25% |
3.00% |
7.30% |
|
|
|
|
|
|
Surrounding State Tax Rate Comparisons, Tax Year 2006 (Source:
Iowa FactBook, 2006, 19) |
|
