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.
History of Yankton County. Bordered on the south by the Missouri River, Yankton County has played an integral part in South Dakota history. 1861 heralded the first territorial government, with the City of Yankton being designated the capital of Dakota Territory. Steamboat trade flourished and in 1873 the first railroad line connected Yankton and Sioux City, Iowa. The County was named for the Yankton band of the Sioux Indians.