Indiana DOR Announces Individual Adjusted Gross Income Tax Rate Reduction

The Indiana Department of Revenue (DOR) announced that the individual adjusted gross income tax rate will be reduced from 3.05 percent to 3.00 percent in 2025. The announcement also includes details about county income tax rates and corporate and sales tax rates, as well as various penalties for failing to pay taxes, file returns, or make electronic payments. [Indiana Department of Revenue, Rates, Fees & Penalties, 05/01/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.