Center for State 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

Related Articles

State Corporate Income Tax Rates and Brackets for 2017

Testimony: Tax Reform Proposals in Maine

A Proposal to Simplify Ohio’s Local Income Tax Compliance

Update: A Tax Compromise Offered in Illinois

A Tax Compromise Offered in Illinois

Maine Governor LePage Proposes Good Tax Policy in New Budget

Several States Will Start 2017 with Corporate Tax Reductions

Trends in State Tax Policy

State Tax Successes in 2016 Thanks to You, Our Readers and Supporters!

Georgia Scores Well on Business Climate, But Taxes Are Still a Weak Link

2017 State Business Tax Climate Index

Louisiana Voters to Consider Amendment 3, a Corporate Tax Simplification Measure

The Willis Commission Report: The Most Important Tax Study that You Probably Haven’t Read

Louisiana House Votes on Flat Tax Bills Today

#TBT to Some Vintage Tax Foundation Research That is Even More Important Today

Pennsylvania Illustrated: A Visual Guide to Taxes & The Economy

Iowa Tax Reform Options: Building a Tax System for the 21st Century

Looking Back on Louisiana’s Special Session with Some Distance

A Very Short Primer on Tax Nexus, Apportionment, and Throwback Rule

New Tax Plan Emerging in Louisiana’s Special Session?