Center for Federal Tax Policy

Corporate Income Taxes

In addition to the federal corporate income tax rate, many U.S. states levy corporate income taxes of their own. Economists have long understood that corporate income taxes are double taxes, since the same income is taxed once as profit, and once as individual income when distributed as dividends to shareholders.

Contrary to popular misconception, the ultimate burden of corporate income taxes doesn’t fall on corporations, but is instead borne by workers, shareholders and consumers. According to a recent Federal Reserve study, state corporate taxes hurt entrepreneurship.

State Corporate Income Tax Rates and Brackets

Corporate Tax Rates by Country

High Corporate Taxes in Canada and the U.S. Compared to Rest of the World

Monkeying Around with Charitable Deductions

While Congress Fiddles with Carried Interest, America Falls Further Behind

Q&A on the Carried Interest Debate

Cutting Corporate Income Taxes Could Benefit Low-Income Americans

U.S. Still Lagging Behind OECD Corporate Tax Trends

Why Is the Federal Deficit Falling and Will It Continue to Fall?

Federal Tax Code Says “Farming Good, Adult Movies Bad”

Asking the U.S. Supreme Court to Settle Tax Nexus Issue: FIA Card Services, N.A., fka MBNA America Bank, N.A., v. Tax Commissioner of the State of West Virginia

Average Dollar Tax Burdens by Type of Federal Tax, Per Household, Calendar Year 2004

Fraction of Each Quintile’s Total Tax Burden Accounted for by Each Type of Tax, Calendar Year 2004

Estimating Federal Tax Burdens for Major City Areas, Counties, and U.S. Congressional Districts

Putting Taxes on the Map: Federal Tax Burdens by City, County, Congressional District and State

A Golden Opportunity for Tax Reform

Companies’ Fair Share: Zero Percent

What is Corporations’ Fair Share of the U.S. Tax Burden?

How Much Do Taxes Affect Business Location Decisions?

Double-Taxing Capital Income: How Bad Is the Problem?

New Podcast Interview with Economist Douglas Shackelford

New KPMG Survey of Falling Corporate Tax Rates Around the World