Corporate Tax Rates
| 2000-2008 Income Tax Rates for Corporations |
|
Taxable Income |
PAY |
Plus % on excess |
Of the Amount Above | |
Below $50,000 |
Not Applicable |
15.0 % |
$ 0 | |
$50,000 - 75,000 |
$7,500.00 |
25.0 % |
$50,000 | |
$75,000 - 100,000 |
$13,750 |
34.0 % |
$75,000 | |
$100,000 - 335,000 |
$22,250 |
39.0 % |
$100,000 | |
$335,000 - 10,000,000 |
$113,900 |
34.0 % |
$335,000 | |
$10,000,000 - 15,000,000 |
$3,400,000 |
35.0 % |
$10,000,000 | |
$15,000,000 - 18,333,333 |
$5,150,00000 |
38.0 % |
$15,000,000 | |
Over $18,333,3330 |
$0 |
35.0 % |
$0 |
|
Corporate Dividend Exclusion |
| Corporations are eligible for a 70% exclusion from income for dividends received from domestic corporations whose stock was held for more than 45 days. |
|
