Services
|
Corporate Income Tax Rates
|
0$ > 50,000 $ | 15% | |
50,000 $ > 75,000 $ | 25% | |
75,000 $ > 100,000 $ | 34% | |
100,000 $ > 335,000 $ | 39% | |
335,000 $ > 10,000,000 $ | 34% | |
10,000,000 $ > 15,000,000 $ | 35% | |
15,000,000 $ > 18,333,333 $ | 38% | |
18,333,333 $ > .......... $ | 35% | |
| |
| US State Income Tax for Corporations |
| State |
Income
Tax (Range) % |
Brackets
($) |
Comments |
Federal
Tax Deductible? |
| Alabama |
6.5 |
flat
rate |
|
Yes |
| Alaska |
1.0
- 9.4 |
10,000
- 90,000 |
|
No |
| Arizona |
6.968 |
flat
rate |
|
No |
| Arkansas |
1.0
- 6.5 |
3,000
- 100,000 |
|
No |
| California |
8.84 |
flat
rate |
1.5%
for S Corporations |
No |
| Colorado |
4.63 |
flat
rate |
|
No |
| Connecticut |
7.5 |
flat
rate |
|
No |
| Delaware |
8.7 |
flat
rate |
|
No |
| Florida |
5.5 |
flat
rate |
|
No |
| Georgia |
6.0 |
flat
rate |
|
No |
| Hawaii |
4.4
- 6.4 |
25,000
- 100,000 |
|
No |
| Idaho |
7.6 |
flat
rate |
|
No |
| Illinois |
7.3 |
flat
rate |
|
No |
| Indiana |
8.5 |
flat
rate |
|
No |
| Iowa |
6.0
- 12.0 |
25,000
- 250,000 |
|
Yes
(50%) |
| Kansas |
4.0 |
flat
rate |
Plus
3.5% over 50,000 |
No |
| Kentucky |
4.0
- 7.0 |
50,000
- 100,000 |
|
No |
| Louisiana |
4.0
- 8.0 |
25,000
- 200,000 |
|
Yes |
| Maine |
3.5
- 8.93 |
25,000
- 250,000 |
|
No |
| Maryland |
7.0 |
flat
rate |
|
No |
| Massachusetts |
9.5 |
flat
rate |
|
No |
| Michigan |
1.9 |
flat
rate |
wide
tax-base |
No |
| Minnesota |
9.8 |
flat
rate |
|
No |
| Mississippi |
3.0
- 5.0 |
5,000
- 10,000 |
|
No |
| Missouri |
6.25 |
flat
rate |
|
Yes |
| Montana |
6.75 |
flat
rate |
|
No |
| Nebraska |
5.58
- 7.81 |
50,000 |
|
No |
| New
Hampshire |
8.5 |
flat
rate |
|
No |
| New
Jersey |
9.0 |
flat
rate |
|
No |
| New
Mexico |
4.8
- 7.6 |
500,000
- 1m |
|
No |
| New
York |
7.5 |
flat
rate |
|
No |
| Nevada |
zero |
|
|
|
| North
Carolina |
6.9 |
flat
rate |
|
No |
| North
Dakota |
2.6
- 7.0 |
3,000
- 30,000 |
|
Yes |
| Ohio |
5.1
- 8.5 |
50,000 |
|
No |
| Oklahoma |
6.0 |
flat
rate |
|
No |
| Oregon |
6.6 |
flat
rate |
|
No |
| Pennsylvania |
9.9 |
flat
rate |
|
No |
| Rhode
Island |
9.0 |
flat
rate |
|
No |
| South
Carolina |
5.0 |
flat
rate |
|
No |
| South
Dakota |
6.0 |
flat
rate |
|
No |
| Tennessee |
6.5 |
flat
rate |
|
No |
| Texas |
4.5 |
flat
rate |
on
'earned surplus' |
No |
| Utah |
5.0 |
flat
rate |
|
No |
| Vermont
|
7.0
- 8.5 |
10,000
- 250,000 |
|
No |
| Virginia |
6.0 |
flat
rate |
|
No |
| West
Virginia |
8.75 |
flat
rate |
|
No |
| Wisconsin |
7.9 |
flat
rate |
|
No |
| Washington |
zero |
|
|
|
| Washington
DC |
9.975 |
flat
rate |
|
No |
| Wyoming |
zero |
|
|
|
|