South Dakota has no corporate income tax, personal income tax, personal property tax, business inventory tax, or inheritance tax, and is a “right-to-work” state. Meade County has no property tax. South Dakota consistently ranks as a top state in which to do business.
“The work ethic of our employees in Sturgis has been outstanding. The move to South Dakota where we have No Corporate income tax, No personal income tax, No personal property tax, No inventory tax and No Inheritance tax certainly helps the bottom line in any business. When you make a profit in South Dakota, you get to keep it.” - Norma Allen, Co-Founder, Dakota Arms, Inc.