The ENPI tax is not deductible to the corporation for purposes of computing. its franchise or income tax at 2.5% / 1.5% (R&TC Â§24345). R&TC Â§23802(e) provides for the deduction of the ENPI for purposes of computing the. franchise or income S corporation tax at 2.5% / 1.5%.
Ottumwa, IA. Online Offers. Ottumwa ( /ÉtÊmwÉ/ É-tum-wÉ) is a city in and the county seat of Wapello County, Iowa, United States. The population was 24,998 at the 2000 census. It is located in the southeastern part of Iowa, and the city is split into northern and southern halves by the Des Moines River. The young town was severely damaged during the Flood of 1851. In 1857, coal was being mined from the McCready bank, a site along Bear Creek four miles west of Ottumwa.
Iowa County is bisected by Interstate 80 and conveniently close to two of Iowa's major metropolitan areas, Cedar Rapids and Iowa City. It boasts two of the state's leading year-round tourist attractions, the quaint and picturesque Amana Colonies and Tanger Outlet Mall, located in Williamsburg, Iowa adjacent to I-80. Iowa County has the following incorporated cities; Marengo, Williamsburg, Victor, Ladora, Millersburg, Parnell and North English. Conroy, Koszta and the seven Amana villages lie in unincorporated areas. Victor Plastics - Victor, Iowa - Manufactures plastic parts for cars & trucks, plastic pieces for appliances etc.