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North Dakota Tax Climate
Taxation at a Glance (updated March 2009)
- #1 Lowest tax costs for manufacturing and food processing (Eide Bailly).
- #1 Lowest workers compensation premiums in nation.
- No corporate franchise tax.
- No local option tax.
- Low sales & usage tax.
- Sales & usage tax exemptions for data center companies.
- Various income tax exemptions for primary sector businesses.
- Various property tax exemptions.
- Jobs training assistance for new and expanding businesses.
Doing business in Minot, ND provides many tax advantages. The North Dakota State Legislature has been committed to continuing a tradition of fair taxation in the state, ensuring that the tax structure fairly represents both business and individuals. In addition to other incentives, Minot's tax climate helps businesses to thrive.
"We have simplified our corporate income tax, created a variety of new tax incentives to promote economic growth, improved our regulatory environment, and created one of the most competitive business climates not only in America, but in the world."
- Gov. John Hoeven, 2005-2007 Budget Address
North Dakota State Tax Commissioner, Cory Fong
"Whether you are looking for traditional tax incentives or innovative opportunities like the Renaissance Zones, you will find North Dakota has a lot to offer… If you are already doing business in North Dakota or are new to the state, you will find that our state's tax climate is competitive with any in the nation."
-Cory Fong, North Dakota Tax Commissioner
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