Taxes

Wichita, Kansas offers a pro-business environment focused on attracting and growing businesses. The state of Kansas has long been known for its business-friendly, low-tax climate and offers a variety of benefits for companies that relocate or expand here.

Kansas Tax Quick Facts

  • Kansas has the 13th lowest unemployment insurance tax rate in the nation per the Tax Foundation 2021 State Business Tax Climate Index.
  • Business machinery and equipment newly purchased, leased, or moved to Kansas is exempt from property tax.
  • Commercial-industrial machinery and equipment are exempt from property tax.
  • Kansas workers' compensation rates are about 32% below the national average.
  • Plus, the state DOES NOT levy the following taxes:
    • Corporate franchise tax
    • Business inventory tax

Income Taxes

  • Kansas' corporate tax rate is 7% to 4% of Kansas' taxable net income plus 3% surtax (2011) on taxable net income in excess of $50,000. Only the proportion of net income generated within the state is subject to Kansas income tax.)

Property Taxes

  • Property taxes on all purchased business equipment receive 100% tax abatement
  • Commercial property taxes equate to approximately 2.9% of property values in Wichita
  • Residential property taxes equate to approximately 1.34% of home values in Wichita

Sales Tax Rate

WherePercent
Wichita0.00%
Sedgwick County1.00%
State of Kansas6.50%
Total Sales Tax7.50%