What Is the Corporate Tax Rate? [Federal & State Guide]
https://www.patriotsoftware.com/blog/accounting/corporate-tax-rate/
WEBDec 14, 2022 · The current corporate tax rate (federal) is 21%, thanks to the Tax Cuts and Jobs Act of 2017. Prior to the Tax Cuts and Jobs Act, there were taxable income brackets. The maximum tax rate was 35%. The corporate tax rate applies to your business’s taxable income, which is your revenue minus expenses (e.g., cost of goods sold).
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