Tax Structure
Indiana State Corporate
Adjusted Income Tax
Taxpayer: Most corporations doing business in Indiana,
except businesses subject to the Financial Institutions Tax,
international banking facilities, subchapter S corporations, and
federally tax-exempt not-for-profits.
Tax Base: Federal taxable income with eight (8) modifications:
1. subtract any income that the federal law or Constitution prohibits
Indiana from taxing.
2. add deductions allowed for charitable contributions under federal
law.
3. add deductions allowed under federal law for state income taxes.
4. apportion income to Indiana based on the average percentage of
property owned in Indiana, of payroll paid in Indiana, and of sales
volume attributable to Indiana.
5. make an adjustment to disallow the federal bonus depreciation.
6. add deduction allowed under Sections 172 and 810 of IRC.
7. add amounts attributable to increased Section 179 property deduction
limits.
8. add education allowed for domestic production activities.
Tax Rate: 8.5%
Source: Indiana Department of Revenue
Elkhart County Adjusted Gross Income Tax (CAGIT)
1.5% for resident taxpayers
0.5% for non-resident taxpayers
Source: Elkhart County Auditor
Elkhart Economic Development Income Tax (CEDIT)
0.25%
Source: Elkhart County Auditor
Elkhart County Property Tax
Note: Tax rates for taxes paid in 2009
|
DISTRICT |
DISTRICT NAME |
TAX RATE |
|
001 |
Baugo Township |
1.8401 |
|
002 |
Elkhart City - Baugo Township |
3.2038 |
|
003 |
Benton Township |
1.6553 |
|
004 |
Millersburg Town – Benton Township |
2.4359 |
|
005 |
Cleveland Township |
1.7073 |
|
006 |
Elkhart City – Cleveland Township |
2.9963 |
|
007 |
Clinton Township |
1.5985 |
|
008 |
Millersburg Town – Clinton Township |
2.4271 |
|
009 |
Concord Township |
2.1045 |
|
011 |
Elkhart City – Concord Township |
3.2164 |
|
012 |
Elkhart City – Concord Township |
2.9803 |
|
013 |
Goshen City – Concord Township |
2.8900 |
|
014 |
Elkhart Township |
1.7998 |
|
015 |
Goshen City – Elkhart Township |
2.7562 |
|
016 |
Harrison Township |
1.7696 |
|
017 |
Wakarusa Town – Harrison Township |
2.4890 |
|
018 |
Jackson Township |
1.6764 |
|
019 |
Jefferson Township |
1.7196 |
|
020 |
Locke Township |
1.5973 |
|
021 |
Nappanee City – Locke Township |
2.9055 |
|
024 |
Olive Township |
1.7314 |
|
025 |
Wakarusa Town – Olive Township |
2.4944 |
|
026 |
Osolo Township |
1.6906 |
|
027 |
Elkhart City – Osolo Township |
2.9593 |
|
028 |
Union Township |
1.8963 |
|
029 |
Nappanee City – Union Township |
2.8834 |
|
030 |
Washington Township |
1.5781 |
|
031 |
Bristol Town |
2.1371 |
|
032 |
York Township |
1.6933 |
|
034 |
Middlebury Township |
1.9209 |
|
035 |
Middlebury Town |
2.5061 |
|
036 |
Goshen City – Harrison Township |
2.7307 |
|
037 |
Goshen City – Jefferson Township |
2.7665 |
Source: Elkhart County Auditor, David Hess