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Accounting:
CORPORATE TAX RATES
TBL-1007 Corporate Income Tax Rates
Taxable Years Beginning After Dec. 31, '92
| If taxable income is: |
The tax is: |
| Not over $50,000 |
15% of taxable income |
| |
|
| Over $50,000 but not over $75,000 |
$7,500 plus 25% of the amount over $50,000 |
| |
|
| Over $75,000 but not over $100,000 |
$13,750 plus 34% of the amount over $75,000 |
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|
| Over $100,000 but not over $335,000 |
$22,250 plus 39% of the amount over $100,000 |
| |
|
| Over $335,000 but not over $10,000,000 |
$113,900 plus 34% of the amount over $335,000 |
| |
|
| Over $10,000,000 but not over $15,000,000 |
$3,400,000 plus 35% of the amount over $10,000,000 |
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|
| Over $15,000,000 but not over $18,333,333 |
$5,150,000 plus 38% of the amount over $15,000,000 |
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|
| Over $18,333,333 |
35% of taxable income |
Qualified personal service corporations are taxed at a flat 35% tax rate.
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