Missouri's Low-Cost Business Climate and Incentives Help You Build Your Business
The Missouri Advantage stems partly from the low operating costs that give automotive suppliers in Missouri a greater return on investment. Because of the Missouri Advantage, Ford and General Motors have both recently announced major expansions in Missouri, and new companies like Smith Electric Vehicles and Emerald Automotive have chosen to locate here.
- Missouri has the 3rd lowest business costs (including taxes, utility and labor costs) in the U.S. according to CNBC.
- Missouri has the 5th best corporate income tax rate index according to the Tax Foundation.
- Missouri has the 8th lowest commercial energy costs in the nation.
- Missouri is committed to the automotive supplier industry and offers numerous tax and financing incentive programs.
Missouri's Tax Climate Increases Your Return on Investment
During the last three decades, one key factor in keeping the cost of doing business in Missouri low has been our ability to ensure that our tax burden is as small as possible. Missouri’s low tax burden continues to be a key factor in helping Missouri businesses grow.
Source: Tax Foundation's State Business Tax Climate Index
|State Business Tax Climate Index Rankings 2012|
|Source: Tax Foundation's State Business Tax Climate Index|
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