|
|
|
|
|
|
 |
Corporation |
| |
Corporation Income Tax Rates for 2007
|
Taxable Income |
Pay |
+ |
% on Excess |
of the Amount Over |
|
Over |
But not Over |
|
|
|
|
| $0- |
$50,000 |
$0 |
|
15% |
$0 |
| 50,000- |
75,000 |
7,500 |
|
25 |
50,000 |
| 75,000- |
100,000 |
13,750 |
|
34 |
75,000 |
| 100,000- |
335,000 |
22,250 |
|
39 |
100,000 |
| 335,000- |
10,000,000 |
113,900 |
|
34 |
335,000 |
| 10,000,000- |
15,000,000 |
3,400,000 |
|
35 |
10,000,000 |
| 15,000,000- |
18,333,333 |
5,150,000 |
|
38 |
15,000,000 |
| 18,333,333- |
. . . . . . . . |
|
|
35 |
0 |
Taxable income of certain personal service corporations is taxed at a flat rate of 35%.
Corporation Income Tax Rates for 2008
|
Taxable Income |
Pay |
+ |
% on Excess |
of the Amount Over |
|
Over |
But not Over |
|
|
|
|
| $0- |
$50,000 |
$0 |
|
15% |
$0 |
| 50,000- |
75,000 |
7,500 |
|
25 |
50,000 |
| 75,000- |
100,000 |
13,750 |
|
34 |
75,000 |
| 100,000- |
335,000 |
22,250 |
|
39 |
100,000 |
| 335,000- |
10,000,000 |
113,900 |
|
34 |
335,000 |
| 10,000,000- |
15,000,000 |
3,400,000 |
|
35 |
10,000,000 |
| 15,000,000- |
18,333,333 |
5,150,000 |
|
38 |
15,000,000 |
| 18,333,333- |
. . . . . . . . |
|
|
35 |
0 |
Taxable income of certain personal service corporations is taxed at a flat rate of 35%. |
|
|
|
|
|
|
|
|
