The Business-Friendly Climate
The South Dakota state legislature was ackowledged as the sixth friendliest in the nation to business by Expansion Management's 1998 Legislative Quotient. South Dakot'a business-friendly climate extends to all business with:
- No Corporate Income Tax
- No Personal Income Tax
- No Business Inventory Tax
- No Personal Property Tax
- No Inheritance Tax
Just the Facts
- South Dakota enjoys a balanced, healthy economy.
- The State of South Dakota has enjoyed a balanced budget for over 100 years.
- South Dakota's population grew six percent from 1990 to 1997.
- South Dakota's manufacturing industry grew 56% from June 1988 to June 1998 - the second largest increase in the nation.
- South Dakota ranks first nationally for economic environment for entrepreneurship according to the 1998 Small Business Survival Index.