|
| |
|
Corporate Income Tax Rates
For tax year 2007 - as of 1-1-07
|
|
Corporate Tax rate |
|
State |
low |
high |
|
Iowa |
6.0 |
to 12.0 |
|
Pennsylvania |
|
10.0 |
|
Minnesota |
|
9.8 |
|
Massachusetts |
|
9.5 |
|
Alaska |
1.0 |
to
9.4 |
|
New Jersey |
|
9.0 |
|
Rhode Island |
|
9.0 |
|
Maine |
3.5 |
to 8.9 |
|
California |
|
8.8 |
|
West Virginia |
|
8.8 |
|
Delaware |
|
8.7 |
|
Indiana |
|
8.5 |
|
New Hampshire |
|
8.5 |
|
Ohio |
5.1 |
to 8.5 |
|
Vermont |
6.0 |
to 8.5 |
|
Louisiana |
4.0 |
to 8.0 |
|
Wisconsin |
|
7.9 |
|
Nebraska |
5.6 |
to 7.8 |
|
Idaho |
|
7.6 |
|
New Mexico |
4.8 |
to 7.6 |
|
Connecticut |
|
7.5 |
|
New York |
|
7.5 |
|
Illinois |
|
7.3 |
|
Kentucky |
4.0 |
to 7.0 |
|
Maryland |
|
7.0 |
|
North Dakota |
2.6 |
to 7.0 |
|
Arizona |
|
7.0 |
|
North Carolina |
|
6.9 |
|
Montana |
|
6.8 |
|
Oregon |
|
6.6 |
|
Alabama |
|
6.5 |
|
Arkansas |
1.0 |
to 6.5 |
|
Tennessee |
|
6.5 |
|
Hawaii |
4.4 |
to 6.4 |
|
Missouri |
|
6.3 |
|
Georgia |
|
6.0 |
|
Oklahoma |
|
6.0 |
|
Virginia |
|
6.0 |
|
Florida |
|
5.5 |
|
Mississippi |
3.0 |
to 5.0 |
|
South Carolina |
|
5.0 |
|
Utah |
|
5.0 |
|
Colorado |
|
4.6 |
|
Kansas |
|
4.0 |
|
South Dakota |
|
N/A |
|
|
|
|
|
(Source: Federation of Tax Administrators) |
|
|
|
