Less is more when it comes to taxes. When Missouri is stacked against the nation we take less corporate tax than 45 other states. We also have the 7th best unemployment insurance tax index. With low property taxes to boot, Barton County makes economic sense for business.

Missouri's 2011 Business Tax Climate Ranks 16th

Missouri ranks 16th in the Tax Foundation's State Business Tax Climate Index. The Index compares the states in five areas of taxation that impact business: corporate taxes; individual income taxes; sales taxes; unemployment insurance taxes; and taxes on property, including residential and commercial property. Neighboring states ranked as follows: Iowa (45th), Nebraska (29th), Kansas (35th), Oklahoma (30th), Arkansas (39th), Tennessee (27th), Kentucky (19th) and Illinois (23rd).

Missouri's Corporate Income Tax System

Missouri's corporate tax structure consists of a flat rate of 6.25% on all corporate income. Among states levying corporate income taxes, Missouri's top rate is lower than 34 other states. In 2008, state-level corporate tax collections (excluding local taxes) were $65 per capita, making it lower than 45 other states.

Missouri Property Taxes Comparatively Low

Missouri is one of the 37 states that collect property taxes at both the state and local levels. As in most states, local governments collect far more. Missouri's localities collected $853.20 per capita in property taxes in fiscal year 2006, which is the latest year the Census Bureau published state-by-state property tax collections. At the state level, Missouri collected $4.32 per capita during FY 2006, making its combined state/local property taxes $857.52 per capita, lower than 35 other states.