South Dakota Has the Best Tax Climate in the U.S.
Businesses and residents of Brookings benefit from living in the state with the best tax climate in the United States. This financial benefit has attracted entrepreneurs, growing businesses, families and retirees looking to maximize their income.
Tax Benefits of Brookings, SD
Corporate Income Tax
Personal Income Tax
Personal Property Tax
Business Inventory Tax
Property Tax Rebates
Tax rebates may be available at the local level, in addition to tax incentives offered by the state. Brookings County offers a discretionary property tax formula for businesses investing $30,000 or more in new construction or expansion.