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 Missouri businesses a greater return on investment. Because of the Missouri Advantage, companies like Express Scripts recently announced major expansions in Missouri.
- Missouri is committed to the bioscience industry and offers numerous tax and financing incentive programs.
- Missouri has the 4th best corporate income tax rate index according to the Tax Foundation.
- Missouri is home to 13 bioscience incubators.
- Missouri was ranked first as the fastest growing tech state in 2013.
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.
State Business Tax Climate Index Rankings 2015
| State Business Tax Climate Index Rankings 2012 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Source: Tax Foundation's State Business Tax Climate Index | |||||||||
| State | Overall Rank | Corporate Tax Rank | Individual Income Tax Rank | Sales Tax Rank | Unemployment Insurance Tax Rank | Property Tax Rank | |||
| Missouri | 15 | 8 | 23 | 26 | 9 | 7 | |||
| Arkansas | 31 | 36 | 27 | 38 | 17 | 18 | |||
| Illinois | 28 | 45 | 13 | 33 | 43 | 44 | |||
| Iowa | 41 | 48 | 32 | 25 | 35 | 36 | |||
| Kansas | 25 | 35 | 21 | 32 | 6 | 28 | |||
| Kentucky | 22 | 26 | 25 | 8 | 47 | 19 | |||
| Nebraska | 30 | 33 | 29 | 27 | 12 | 37 | |||
| Oklahoma | 33 | 7 | 38 | 39 | 2 | 12 | |||
| Tennessee | 14 | 13 | 8 | 43 | 27 | 48 | |||