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Taxation
The Northland
Corporate Income Tax/Franchise Tax State Local
Rate Range 9.8 N/A
Formula (e.g. Sales, Property & Payroll) Sales X .75
Property X .125
Payroll X .125
N/A
Federal Taxes Deductible No N/A
Accelerated Depreciation Permitted Yes
(Limited Bonus Depreciation)
N/A
Personal Income Tax State Local
Rate Range 5.35 - 7.85 N/A
Earned Income Yes N/A
Unearned Income (e.g. Dividend) Yes N/A
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