Iowa Will Have a Lower Corporate Tax Rate in 2024
Iowa’s tax code is becoming more competitive, allowing individuals and businesses to flourish in a low-tax environment. When Iowa’s corporate income tax was 12 percent, it was one of the highest in the nation. Starting on January 1, 2024, the top tax rate applied to corporations’ income will be lowered from its current 8.4 percent, which is still tenth-highest, to […]