And the company designed their facilities with future expansion in mind. Plant 1 in Crothersville is designed to expand to the north for an additional 30,000 square feet for production or warehouse space, and the parking lot of Plant 2 can be expanded. Aisin also owns acreage to the east for a third plant if itâs needed for future growth. When Aisin Chemical Indiana was established Jan. 5, 2006, it joined Aisin USA Mfg Inc. in Seymour, formed in 1987, and Aisin Drivetrain Inc. in Crothersville, which came along in 1996. Today, those three facilities employ more than 1,900 people.
West Virginia residents do not need to worry about a state estate or inheritance tax. West Virginia does not have these kinds of taxes, which some states levy on people who either owned property in the state where they lived (estate tax) or who inherit property from someone who lived there (inheritance tax).
In the case of inheritance taxes, spouses, children, or siblings often have different exemptions, which we list in detail in table 35 in the 2015 edition of our annual handbook, Facts & Figures. Currently, fifteen states and the District of Columbia have an estate tax, and six states have an inheritance tax. Maryland and New Jersey have both. The state with the highest maximum estate tax rate is Washington (20 percent), followed by eleven states which have a maximum rate of 16 percent. Hawaii and Delaware have the highest exemption threshold at $5,430,000 (matching the federal exemption). New Jersey has the lowest, only exempting estates up to $675,000.