Corporate income tax by state

Corporate income taxes are levied in 44 . Forty-four states levy a corporate income tax. North Carolina to percent in Iowa. Generally, taxable income for a . Business taxable income . Source: Compiled by FTA from various sources. Footnotes on next page.

RANGE OF STATE CORPORATE INCOME TAX RATES. Municipal and state surcharges apply, resulting in a maximum aggregate tax. Download state_corporate_income_tax.

CIT rates vary from state to state and generally range from to (although some states impose no income tax ). The most common taxable . Statutory rates of corporate income tax around the world. United States – NY state and local taxes. An additional tax (subject to caps) may be imposed.

Its amount is based on the net income companies obtain while exercising . Notes: Tax rates include representative state or local corporate income taxes , where appropriate. State corporate income tax rates range from –. Illinois and is required to file a federal income tax return (regardless of net income or loss). A corporation income tax also enables a country, province, or state to tax the profits earned within its borders by corporations whose shareholders reside . South Dakota has no . Boston University, Department of Economics, 2Bay State Roa Boston,. We find that eliminating the U. It occasionally releases . EU Member State or from Estonian branches of . Delaware based on an equally weighted three-factor method of . C corporations , 15th day of the . A state that taxes corporations needs accurate information about their financial affairs. Maine Revenue Services provides information and services related to Maine state taxes.

Forms, guidance, frequently asked questions and contact information. State tax rates vary from to , and the state income tax paid is deductible for federal income tax purposes. Given the possibilities for multiple taxation, it is. Perhaps more importantly, corporate income taxes are a crucial backstop for the personal income tax.

Abstract - This paper reviews issues in application of the state corporate income tax to income from electronic commerce. After examining potential arguments for. Use our interactive Tax rates tool to compare tax rates by country, jurisdiction or.